Answer / jitu

if we record something on left side of any account is
called debiting and if on right side of any account is
called crediting in double entry book keeping every
transaction is having tro effect one is debit and another
is credit so it is called double entry accounting. matching
means to match we are matching our expenses with our income
and because of that we gets loss or profit.

Sir, My Gross salary is 16000/- per Month and Birfication is as below Basic Salary 6400 HRA ``` 2560 Travelling con 640 Uniform Allowance 640 Bonus 1280 Professional All 640 Walfare Allowance 3840 Please inform me How much amount of TDS Regards, Ravinder

2 Answers  

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interest on drawing will fall under which group in tally?

5 Answers  

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How many types of business transactions are there in accounting?

0 Answers  

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What determines Capital flow across the countries?

1 Answers   Wipro,

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what is equity share

3 Answers   Reliance,

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The following figures have been extracted from Katerina’s books of account for the month of April 2010: $ Sales 460 000 Total variable costs 299 000 Total fixed costs 90 000 Profit 71 000 (d) Calculate the sales in dollars necessary to make a profit of $100 000.

1 Answers  

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What are the difference between P/l a/c and income and expenditure

12 Answers   Genpact, IBM,

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Non-performing Asset (NPA)

3 Answers   Bank Of America,

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What is the difference between General Ledger and Trial Balance?

2 Answers  

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How to split the company in tally?

1 Answers  

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Please advise how to calculate net asset....

0 Answers   Ford,

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share premium

3 Answers   Capital IQ, Fidelity,

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