Golden rules of accounting
Answer Posted / surajit saha
PERSONAL ACCOUNT: DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNT : ALL EXPENSES AND LOSSES ARE DEBIT
ALL INCOMES AND GAINS ARE CREDIT
REAL ACCOUNT : ALL ASSETS ARE DEBIT
ALL LIABILITIES ARE CREDIT
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the nature of bill receivable and consignmenta/c
What is Accounting on Computers
Expand CCIT?
plz send me a solved paper on SBI of clerk post
What is the important of cash in a business unit
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
i want the difference p&l a/c and Income and expediture statement
1. Fdr mature with interest
which Electrical items is Exciseible
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
what is meant by transposition error
what are Blue-Chip companies?
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
Can you please help me calculate the pre tax profit for credit card for 2014 using the following Assumptions. Request you to list the steps used. Charges Late fee £12 per occurrence Over limit fee £10 per occurrence Cash fees 3% of cash withdrawal value Annual Fee £25 per account, per year Interchange 1% of transaction value KPIs Accounts overdue 10% per month Accounts over limit 15% per month Average APR 30% Balances revolving 90% of balance Average balance £900 at end of 2013 Expected growth in average balance (2014) 10% per annum Assumptions Open accounts 200,000 at 2013 year-end New accounts booked 5,000 per month Annual operating cost £50 per open account Cost of Acquisition £50 per account Provision rate 9% of total balances Annual cost of funds 4% by balance Charge off Unit charge-off rate in 2014 11% of accounts at 2013 year-end Unit charge-off rate in 2014 0% of accounts booked in 2014 Post charge-off recoveries 20% of balance Account Transactions Monthly turnover 5% of total month end balances Cash advances 20% of monthly turnover Additional Assumptions Please state any additional assumptions you have made to calculate your answer Thanks in advance,
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...