Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
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

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


Please Help Members By Posting Answers For Below Questions

What is the use of form D in sale tax

2061


Sir, Now, i am purchasing ply wood, board, and other material for my office furniture. But now the furniture is incomplete so what would be the journal entry for this exp. in book.

1928


whether bills of exchnge can come under the category of reserves and surplus

1821


a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do

1270


in insolvency we have to prepare deficiency account but why we do not prepare this account as per general principle i.e Dr Cr To By etc , and deficiency account is which account?

5014


HOW CAN WE CONVERT IN CFT TO A ROUND LOG??

1820


What does overhead mean in regards to accounting?

1041


what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.

1776


Explain dual aspect term in accounting?

956


what are your current financial and accounting projects? What is your role?

2825


How can you do credit control?

1087


Why Is The Distinction Between Product Costs And Period Costs Important?

1013


Do you know overhead in terms of accounting?

1039


What does the financial statement of the company include?

1055


Tell me what is the abbreviation for the accounting terms debit and credit?

984