What are the 3 Basic Rules in Accounting.
- 167 Answers
- 563219 Views
- AAA, ABC, Accenture, Amba Research, Birla Sun Life, CTS, CWDF, DELL, Franklin Templeton, iGate, IHP, JPMorgan Chase, Lexi Pens, Mastek, Trinity Technologies, VC Engineering, I also Faced
- E-Mail Answers
Answer Posted / md. rasheed
1)Capital=Assets-liabilities
2)Debit side should be equal to credit side
Debit all exp&loss and credit all incomes and gains
3)Increase in debit should not be equal to credit
| Is This Answer Correct ? | 529 Yes | 174 No |
Post New Answer View All Answers
what are the importance accounting entries for AP and AR process in interview..
How good are you at Finance?
Have you worked with other on team endeavors
what do u mean by arrear basic or arrear hra?
what is the subprime?explain it.
WHEN IN ADJUST. GIVEN THAT THERE IS VALUE OF RS...., OBSOLESCENCE STOCK INCLUDED IN CLOSING STOCK RS.......,WHAT IS THE PROPER WAY TO SHOW IN INCOME STATEMENT AND POSITION STATEMENT.
Expand---------PDBC
I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code
Short Answer on _____________Revenue Budget
What is back value adjustment/correction in Nostro Reconciliations?
define accounting,scope of account , types of account ?
explain the difference between LIFO and FIFO?
how to maintain stock if any entry mismatch pllzz tell me short cut
Examples of automatic generated content material of car logbook loans?
difference between contra entry and double entry?
