Answer Posted / mani - tnmsc
Golden Rules of Accounting
Personal A/c.: Debit - The Receiver
Credit - The Giver
Real A/c.: Debit - What comes in
Credit - What goes out
Nominal A/c.: Debit - All Expenses and Losses
Credit - All Incomes and Gains
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
If A Company pays amount thru bank for a supplier deducting tds on behalf of B company. Accounting entries to be made in company A and B
if a sole proprietor pays his firms insurance policy , How it should treated in books of accounts? whether it should be treated as investment? or indirect expenses?or drawings?
what is basic general accounting.
contents of an invoice receipt? difference b/w statutory audit & internal audit? Where the bank book and the cash book will not reconcile? difference b/w income & expenditure a/c & p/l a/c? what is ERP? what is full form & the application of SAP? Why income statement prepared? What are the reasons where Balance sheet will not tally? How do you calculated Closing stock in the trading a/c? When will the cash book have a Credit balance? Why do you prepare p/l appropriation a/c? What are the 4 difference b/w public and private company? What do you mean by Contingent liability? Explain: Accrual Concept 1. Realisation concept? 2. Accounting concept?
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
Please give me a suggession to calculate the T.D.S,E.S.I,P.F, From salary which is in gross Rs. 15000/.
Expenses which are incured during the manufacturing are direct expenses.In that case,what are the direct expense in a trading firm where there is no production.Like salary, rent, electricity etc in a trading firm
Tax Invoice: Client had settled Rs. 5,25,000/- {after deducting TDS @ 10% from base/gross amount and then added (+) Service Tax Amount (15%)} which equals to Rs. 525000/- (Settled Amount by Client). Please let me know what will be gross amount and total invoice amount including Service Tax????
Tell me by saying, perpetual or periodic inventory system; what do we mean?
how to deduct tds on income from other sources with examples
Tell me in accounting, vat abbreviates what?
My company sent this party goods 62750 this goods is loss sundorbhan paribahan. how to create voucher
1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,
what is the difference between cash book(cash coloumn) and cash book(bank coloumn)?
Define overhead in terms of accounting?