Answer Posted / kumar
1. debit the receiver and credit the giver
2. debit what comes in and credit what goes out
3. debit all losses or expenses and credit all gain or
income
Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Expand-------BANT
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo
Meaning of portfolio management?
can any one send me payables real time scenarious or any projects
A company acquires new taxi fleets on 1April 2006 with intention to provide services during the World Cup period and thereafter dispose the taxis .The World Cup runs for three months to 30 June 2006.The company's year end is 30 June 2006.how do you account for taxis at initial recognition .
EXPAND______________ICC
what are the seven accounting rules
what is meant by transposition error
EXPAND_________SEC
Expand-------CSNA
Expand SOIT
what is pre settlements and post settlements in Derivatives?
Expand CCIT?
EXPAND___________IMF