what is come first debit or credit? means in the bussiness
debit comes first or credit
Answer Posted / younis
Both debit and credit as capital is introduced credit is given to capital ac and at the same time cash or some other asset comes in so debit what comes in
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Can share warrants issued by the company be considered as potential equity shares? If yes, then will it be considered for calculating dilutive EPS?
During execution of Works Contract,If Contractee(Customer) supply goods to contractor, then it should be shown in Invoice as deduction or no need to show in Invoice.
What is the rate of penalty charged when the given Vat Cheque dishonoured?
Debit Card Come Under Which group in Tally 9?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
What is royalty reserve?
Cash bill of sale so the company can deduct the amount.
x pay incentive to y with tds@10%.what is the journal entry in the books of x & y?
What is fair value accounting definition?
please inform me , how to make employee ladger account of salary...please inform me with entry..e.g if we give 14000 salary, as structure we put it half amount in advance and half is salary so in this case how to make entry in employee ledger account...please inform me...both things..Thank You.
What is purchasing order?
what is the minimum & maximum amount paid by company per day
how will you adjust voluntary seperation payment in cash flow statement
what is contribution? how does it help in taking managerial decisions?
Why some asset accounts have a credit balance?