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...

do you have debit and credit in balance sheet

Answer Posted / sandeep

balance sheet has one law debit and credit. n it shows the
credit and debit balances. n if u transact the transactions
in correct way then its tallied.

Is This Answer Correct ?    3 Yes 6 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is capital market and money market? what is primary market and secondary market?

2199


Which entry we pass self entry like cash withdraw for ourself

1626


outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1929


How can we display last five years sales in tally

2001


Expand-------SCAN

2073


What are events occuring after the balancesheet date?

2213


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2698


what are the important steps to take during the conversion of an accounting system.

1942


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

2386


WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?

2221


WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?

2492


Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them

2599


Who to create a budget on software company

2205


define accounting,scope of account , types of account ?

3601


What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

4450