Answer Posted / bikash knata tripathy
personal a/c - debit the receiver, credit the giver
real a/c - debit whats comes in, credit whats goes out
nominal a/c - debit all expenses & losses, credit all incomes
and gains
| Is This Answer Correct ? | 36 Yes | 0 No |
Post New Answer View All Answers
journal entry for goods withdrawn for personal use
Tell me what is an over accrual?
6. Your grandfather is 75 years old. He has total savings of Rs.80,000. He expects that he live for another 10 years and will like to spend his savings by then. He places his savings into a bank account earning 10 per cent annually. He will draw equal amount each year- the first withdrawal occurring one year from now in such a way that his account balance becomes zero at the end of 10 years. How much will be his annual withdrawal?
What is double-entry accounting? Explain with an example?
iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above
Kindly define necessary ledger is to maintain in excise. Kindly define how we maintain P.L.A
what is turn over? what is vat? what should ido to become a expert in acount? plese ans me
What are the fictitious assets?
What is the revenue recognition principle?
Are you comfortable with cold-calling?
A motor car purchased on 1 apr 10 worth rs 10000 taking a loan from bank of rs 8000. Emi will b 500 pm inclusive of interest rs 100 pm.all repayments are done by bank overdraft. Prepase bshEet & P&L as at 31 mar 10
Cash Processing
Tell me what are things will not be included in bank reconciliation statement?
What is depreciation and how many types are there. Please give details?
credit card expenses entry kisme pass karenge