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 investment banking

2032


When we are raised a interstate invoice then which type invoice we are raised

1921


sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA

2199


what are valuation accounts?

2069


What is the Technology used to carry out trades?

4615


I am maintaing books of accounts a Software Co. Kindly advise me Account Head of these exps. (Software Exps.,Internet Exps., Video Exps.,Server Maint.Exps.,& SMS Exps.,) Thanks

1977


Short Answer on -----Trade mark

1940


how to do the recurring entries or steps to follow that

2001


Short Answer on _____________Revenue Budget

2037


I need all WNS interview questions

2246


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

2503


How you implemented a chargeback system?

2313


Expand BEMS

2437


what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?

2214


Why you want to leave your present job while they offer you with good offer?

2009