What are the rules of Account?

Answer Posted / swaranjali

Every debit effect should have corresponding credit effect.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How to prepare in yearly turnover?

1674


What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.

34172


Hi, Mobile manufacturing given a mobile phone as a gift to their employee. What journal entry we need to pass in company point of view.

493


WHAT IS ACCOUNTING HEAD FOR TRADE FINANCE? I HAVE PAID 49268 FOR TRADE FINANCE.WHERE SHOULD I TAKE IN TALLY

1544


How many accounting standards are currently published?

680






What is fair value accounting definition?

799


What is an over accrual?

623


what is the journal entry can be passed for an opening balance (bank, fixed asset, provisions)to the new software

1060


What are the AP accounting entries for EXPENSE ITEM VS Inventory Item in oracle ERP

2793


I have passed in SBI clerical exam 2009 , pls tell me what question will be asked for interview .pls mail it on my email id sawant.supriya51@gmail.com

1492


PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN

2162


In the absence of any provision in the partnership agreement, profits and losses are shared (a) In the ratio of capitals. (b) Equally. (c) In the ratio of loans given by them to the partnership firm. (d) None of the above.

1935


what are the disadvantages of back-flush accounting?

639


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

881


Describe a time when you have not met your goal?

637