what are the basic accounting entreis ?
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Answer / prasanna
debit receiver credit giver
debit what comes in credit what goes out
debit expenses or losses credit incomes or gains
| Is This Answer Correct ? | 41 Yes | 1 No |
Answer / b.balaramakrishna
Debit what comes in and credit what goes out, debit all
assets and credit all laibilities, debit the expenditure
and credit the income
| Is This Answer Correct ? | 22 Yes | 11 No |
Answer / ramanandhudu
debit receiver and credit tha giver
what comes in debit what goes out credit
all expencess and loss debit incomes and gains credit
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / syed ajmal
Debit losses credit gains
Debit reflect in assets side and credit reflect in liabilities side
Debit receiving credit giving
| Is This Answer Correct ? | 1 Yes | 0 No |
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