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...

a account has debit balence.what is the meaning?

Answer Posted / rosey

If an account has a debit balance, its meaning will be
determined by the type of account. If it is a personal
account then it means that the person is a debtor,if a real
account has a debit balance,it means that it is an asset
and if a nominal account has a debit balance, then it means
that it is an expense or loss.

Is This Answer Correct ?    88 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is the main difference between nse & bse operations

1998


Define `Realisation` Account? Explain the salient features?

3061


if you fix salary to some body for Rs.10000/- what are the segregations to be done and what are the deductions to be done (segregations like basic, da,ta,conveyance etc., how ? what percentage what speaks law) and deductions what are those like, pf,esi,pt, etc., what ever

2002


Explain Cash Basis of accounting

2002


can payorder be issued for outstation?if yes then how?should it be account payee?

2235


What is the Finalization of Accounts?

2218


Reserve Capital and Reserve Capital

2210


I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??

1884


Please explain a Representative Personal Account.

2036


Expand---------BPCD

1976


i have need full detail of tds rules and forms submitted dovetails

1978


How and by whom the Percentage of Depreciation is fixing?

2346


is indian bank or canara bank CBS brach?

2054


What is the Purpose of Preparing Bank Reconciliation Statement?

1985


please provide wct retun guide line how can prepaire that

2350