Answer Posted / bismaya dhal

Real A/c : Debit what comes in.
Credit what goes out.


Personal A/c : Debit the receiver.
Credit the giver.



Nominal A/c : Debit Expenses & Losses.
Credit Income & Gains/Revenues.

Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

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company's total overhead expense is containing which are the expenses? Definition of overhead expense.

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