Interested to Buy Any Domain ? << Click Here >> for more details...
what will come under debit and credit side in trial balance
please give me answer
- 15 Answers
- 134224 Views
- BMCC, Genpact, HF, UNSW, I also Faced
- E-Mail Answers
Answer Posted / peter
PEARLS
PEA comes on the debit side,which stands for ,purchases,expenses,and assets.
RLS comes on the credit side,which stands for revenue, liabilities,and sales.
then the opposite is done here for sales returns we debit it and for purchases returns we credit it.
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
what TYPE OF INVOICE SHOULD RAISE TO C&F agent ?
What is use of statistics in accounting?
Explain what a deferred asset is and give an example?
Define "book value" as applied to accounting
Mobile on Rupees 2000 purchase for office use not for staff....What entry in accounts..?????
How does accounting contribute to the community?
What are the steps to take before you approve an invoice for payment?
explain circumstances under which dissolution of solvent and insolvent partners are applicable using garners v/s murray rule
How Adjust The Amount Taken By Partners For Personal Use? Is The Entry For Drawings? Even If The Amt Exceed 5 Lakhs Or As Partners Loan If Its Not Recovered Even After 1 Year? Discribe All.
can we credit depreciation of the year to the general reserves in a balance sheet of that year? and also enlist some relevant documents or standards?
we have registered to MCCIA(Maratta Chember of Commerce Ind & Agri.).They given a Tax Invoice against this registration with charging service tax@10.3%.can we take credit of this service charge ?
I TRANSFERRED A STOCK OF RS. 100.00 FROM HEAD OFFICE DELHI TO MFG. UNIT OFFICE AT HARYANA AGST FORM F.AT BRANCH GOODS ARE PROCESSED AND ADDED VALUE OF RS. 80.00 AND TRNF BACK TO DELHI HEAD OFFICE FOR RS. 180.00 AGST FORM F FROM HARYANA . AND HEAD OFFICE SOLD THIS TO PARTY AT RS. 200.00 . I WANT TO KNOW HOW TO MAKE ACCOUNTING ENTRIES IN BOTH BOOKS HEAD OFFICE AND BRANCH OFFICE. TO SETTEL ACCOUNT AND TO CONSOLIDATE THE BOOKS AT THE END OF YEAR.
Plant and machinery destroyed for 50000
Knowing what you know now, walk me through what you would do differently to drive even more success?
what is apply SI post
