If we can write Credit to cr. so why we can`t write Debit
to Dt. or De. why we write it Dr.?

Answer Posted / anshika

'dr' isn't sign of debit.. It indicates 'debit received'

Is This Answer Correct ?    0 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how to pass this entry in tally? Dear Sir, I have just started learning tally . I am practicing tally. and I am following 11th Std book for practicing. Please help me with the following entry. I know dr and cr part but having problem in grouping. Please Help. Introduced goods of Rs 10,000, cash Rs 15,000, furniture Rs 5000, debtors of Rs 1000 and commenced business. What will be the entry and group for each ledger. Please Help.

1134


input vat, wht use in wct

1656


Can you tell me entry tax will be applicable on Spectacles purchase from u s a  

1444


what is ment by suspence account and dummy account

1572


Differentiate public and private accounting?

657






calculations of pf

3214


how to enter the tender refund amount in tally ?

3375


rents part of its building for a monthly fee of $1,250. The rent for the month just past has not been received.

1623


what is the relationship between cost accounting financial accounting and managerial accounting?

623


Horizontal balance sheet versus Vertical balance sheet

1743


What is the difference between cfa and csa?

9743


how to individual capital account.

1847


The Tabula Manufacturing Company has been in business for one month. At the end of month the company had the following accounts: Materials used K 5 000.00 Direct labour 10 000.00 Indirect labour 3 000.00 Indirect materials 2 000.00 Labour fringe benefits 1 000.00 Supervisor’s salary 1 000.00 Depreciation Machinery 2 000.00 Miscellaneous factory overhead 1 000.00 Heat and light 500.00 Insurance on plant 1 500.00 The company processed two jobs during the month with costs as follows: Job 101 Job 102 Materials cost K3 000.00 K2 000.00 Direct labour cost K6 000.00 K4 000.00 Direct labour hours 4 000.00 3 000.00 Machine hours 2 000.00 1 000.00 The company does not use a predetermined rate for factory overhead. The rate is computed at the end of each month. Required Use both the direct labour hours and machine hours to compute: 1) The overhead rates for the month (5 pts) 2) The overhead cost for each job (5pts) 3) The total cost for each job (10 pts) 4) Briefly describe the difference between Job order and process costing, citing relevant examples (5 pts).

1699


Do is it proper fo an engineer to head a bank without a good backgroud in accounting? ?

1473


Capital secure should be shown in which side of the balance sheet?

1891