ALLInterview.com :: 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                      
Google
   
 
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 (1913)
 Accounting General interview questions  Accounting General Interview Questions (2841)
 Accounting AllOther interview questions  Accounting AllOther Interview Questions (4372)
Question
what will come under debit and credit side in trial balance 
please give me answer
 Question Submitted By :: Accounting-General
I also faced this Question!!     Answer Posted By  
 
Answer
# 1
in debit side : fixed asset, current asset, purchase.
in credit side: share capital, loan, liability, sales
 
Is This Answer Correct ?    102 Yes 10 No
Janvi Sangle
 
Answer
# 2
debit side comes in Purchases, credit side comes in sales 
Is This Answer Correct ?    98 Yes 12 No
Ballaamar
 
 
 
Answer
# 3
Trial balance debit side:-Assets.Expences,losses Etc

Trial balance Creditside:-Liabilities,Income,Gains Etc
 
Is This Answer Correct ?    66 Yes 10 No
A.baljee Rao
 
Answer
# 4
debit side comes all
asset, expense and drawings
credit side comes all
liabilities, income and
capital
 
Is This Answer Correct ?    58 Yes 6 No
Vivek
 
Answer
# 5
Debit side of trial balance include- opening stock, Purchase, Sales return, Depreciation, All expenses(discount Allowed/Interest paid, Bad debts, insurance premium....etc.), All assets including cash,bank,debtors..etc. i.e. All assets, expenses& losses, Drawing, Prepaid expenses.

Credit side of trial balance include- Sales, Purchase Return, All Income (Discount received/ interest Received...etc),All Liabilities including capital, creditors, Bank overdraft,loan's..etc. i.e. All liabilities, Incomes & Gains,Outstanding Expenses, Capital..etc.
 
Is This Answer Correct ?    56 Yes 8 No
Genius
 
Answer
# 6
Debit Side:- Assets
Credit Side:- Liabilities
Debit Side:-Losses & Expenses
Credit Side:-Incomes & gains
 
Is This Answer Correct ?    37 Yes 0 No
Preeti Sharma
 
Answer
# 7
1.Accounts dealing with assets,expenses and losses will show in debit side of trial balance.
2.Accounts dealing with liabilities income and gain will show in credit side of trial balance.
 
Is This Answer Correct ?    8 Yes 0 No
Waseem
 
Answer
# 8
Trading account at Debit side=Opening stock,purchases ,purchases returns,
carriage inwards,wages
Credit side=sales ,sales returns and closing stocks
Profit and loss at Debit side=Salaries,outstanding salaries,depriciation of Fixed assets ,bad debts etc
Credit side=discount recieved,rent recieved, commision recieved
 
Is This Answer Correct ?    8 Yes 4 No
Ashwini
 
Answer
# 9
purchase, sales return, stock, all asset, expenses for all
business, bad debts , interest, carriage inward, carriage
outwardbank charges etc is shown debit side
sales,purchase return, reserve fund , general fund, income
received for business shown credit side
 
Is This Answer Correct ?    0 Yes 0 No
L.gomathi
 

 
 
 
Other Accounting General Interview Questions
 
  Question Asked @ Answers
 
We are dealing in a security (MANPOWER PROVIDER)WE HAVE A PROBLEM AS PER OUR CLIENT'S REQUIREMENT pf and esic challan seprately require by client's can we generate seprate challan Please advice as early as possible.   1
which will be the assessement year for2010-11.   3
hi, M a fresher who started work in an event management firm as an accountant recently, and i don't know the head o tail of what to be done., worse part is its a small firm, and i have to learn everything on my own,:( so if anyone could guide me pllleeeeeesssssssseeeeeeee help... its really very urgent.. I'd be very grateful...   3
What is Inter branch accounts reconciliation   2
what is difference between single ledger & multiple ledger with solid example .beacuse i am slow learner . Webel 1
What will be entry for that: Busines strarted with brrowed cash Rs. 25000 from Mr. X. if capital will be creadit. Why? IAS 11
What is the Significance of Open Item of B.R.S. in SAP. Samsung 1
what is SEC? Genpact 5
What is Form D2 and which Purpose we use that Form Matrix 5
What are the different accounting entries generated in PP cycle. TCS 4
what is the difference between trial balance and the balance sheet.? CTS 1
How many Accounting standards are there in India ?   4
 
For more Accounting General Interview Questions Click Here 
 
 
 
 
 


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

ALLInterview.com   ::  KalAajKal.com