Interested to Buy Any Domain ? << Click Here >> for more details...
why profit and loss account debit balance appeare in the asset side of balance sheet?
- 11 Answers
- 40581 Views
- Genpact, HCL, Rites, I also Faced
- E-Mail Answers
Answer Posted / vinod kumar s
credit is what to be invested and debit is the debt taken as
loan from any bank so the liability side is for debit not
for credit
| Is This Answer Correct ? | 19 Yes | 20 No |
Post New Answer View All Answers
what is the difference between accounting and bookkeeping?
what made you take up present subject/area of specialization and what would you define as your career objectives
What is the difference between cost accounting management accounting and financial accounting?
Follow up ageing balances of Debtors & Creditors and also Inventory
what is a register when referring to accounting or bookkeeping?
Do you know any other accounting application?
What a deferred asset is and give an example?
can i direct payment made t code f-53 to bsnl agst telephone exp.? or 1st create a/c.of bsnl and book in fb60 then payment made whose correct?
Is there any circumstance where an accountant is allowed to depart from accounting standards while preparing financial statements? If yes explain why, if no explain no.
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
What are the two most important Factor that should be kept in mind when there is a buy back of shares in companies as per indian companies act,1956
WHY CST CHARGED BILLS ARE RETAIL INVOICES.IT CANT BE TAX INVOICE.
all GL Related Interview questions with answear
PLEASE CLEARLY EXPLAIN WHAT IS MEANT BY TDS,CST,ADVANCE TAX,PF,PT,ESI.CLEARLY AS IF EXPLAINING TO LAY MAN
What are the items that are to be debited in accounting and what are the items that are to be credited in accounting?
