Answer Posted / yeshpal dinkar

Real a/c : Debit what comes in
Credit what goes out

Nominal A/c : Debit all expenses & losses
Credit all profit & gain

Personal A/c : Debit the receiver
Credit the giver

what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4537

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We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.

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Expand-------SNAT

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1942

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Short Answer on ___________Cash Profit

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2001

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2111

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Define the word Profit in terms of business

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