:: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Categories >> Accounting >> Accounting General


 Audit interview questions  Audit Interview Questions (428)
 CompanyAffairs CS interview questions  CompanyAffairs CS Interview Questions (158)
 Taxation interview questions  Taxation Interview Questions (1899)
 Accounting General interview questions  Accounting General Interview Questions (2810)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4360)
what is Debit?
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
# 1
Debit means writing an entry on the left-hand side of an account.The word debit is comes from the Latin word 'Debere'.That is why it is abreviated as 'Dr'.As per accounting rule expenses and asset will have debit balance. 
Is This Answer Correct ?    4 Yes 0 No
Libin Kulamuttom
# 2
Debit means an expence. 
Is This Answer Correct ?    0 Yes 1 No
# 3
Debit is basically the liabilities that are expenced by the
organisation.E.g:-Salary,Wages,Bad Debt,Bonus Intrest on
Loan etc.
Is This Answer Correct ?    1 Yes 4 No
Nishant Kumar

Other Accounting General Interview Questions
  Question Asked @ Answers
what is the difference between journal entry and journal voucher   3
how to pass provision salary full and settlement(inclusive Bonus,Gratutity etc )please show me entry   1
how to prepare trial balance?   1
If we purchase machinery from gujarat ie from cst supplier & we have to give them 'c' form what should be the entry for the same.   2
how much the minimum basic salary to calculate p.f.   15
real account means Infosys 9
What is Fixed Assets? How many depreciation types are there? How to apply depreciation on assets in a year? Cognizent 1
In which group " charity" will come tally?   1
what type of acounts is share application account KPSC-Karnataka-Public-Service-Corporation 4
What are the rules of Account?   7
what is the journal entry for accumulated depreciation? Core-Logic 4
sir, some body tell me how i treat the abnormal fire loss stock :-our company suffer a fire loss during goods in transit (goods were hold at warehouse and fire occured) now how i account for the loss and what type of ledger should i create and under which group   1
For more Accounting General Interview Questions Click Here 

Copyright Policy  |  Terms of Service  |  Articles  |  Site Map  |  RSS Site Map  |  Contact Us
Copyright 2013  All Rights Reserved.   ::