what will come under debit and credit side in trial balance
please give me answer
- 15 Answers
- 129306 Views
- BMCC, Genpact, HF, UNSW, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / janvi sangle
in debit side : fixed asset, current asset, purchase.
in credit side: share capital, loan, liability, sales
| Is This Answer Correct ? | 373 Yes | 30 No |
Answer / ballaamar
debit side comes in Purchases, credit side comes in sales
| Is This Answer Correct ? | 287 Yes | 27 No |
Answer / genius
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 ? | 253 Yes | 24 No |
Answer / a.baljee rao
Trial balance debit side:-Assets.Expences,losses Etc
Trial balance Creditside:-Liabilities,Income,Gains Etc
| Is This Answer Correct ? | 223 Yes | 29 No |
Answer / vivek
debit side comes all
asset, expense and drawings
credit side comes all
liabilities, income and
capital
| Is This Answer Correct ? | 158 Yes | 14 No |
Answer / preeti sharma
Debit Side:- Assets
Credit Side:- Liabilities
Debit Side:-Losses & Expenses
Credit Side:-Incomes & gains
| Is This Answer Correct ? | 127 Yes | 8 No |
Answer / waseem
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 ? | 62 Yes | 4 No |
Answer / pavani
in debit side of trial balance.... all expenses, losses and
all assets
in credit side of trial balance...... all incomes. profits
and all liabilities
| Is This Answer Correct ? | 45 Yes | 3 No |
Answer / l.gomathi
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 ? | 48 Yes | 8 No |
Answer / chirag
purchase,sales return,stock,drawing,all assets,real expenses are comes in debit side
all liabilities and income comes in credit side.
| Is This Answer Correct ? | 14 Yes | 1 No |
what is t code of journal voucher report with amount?
What is deferred account?
What is meaning of cenvat credit please described in detail.
16 Answers Ferrari, Steelco Gujarat Ltd, Whirlpool,
What is the ment of Classifying?
what is the difference between an invoice and bill?
all ques. related to accounts?
who is the customer and vendor?
What are the advantages of computer accounting over paper accounting?
The following are the list of Balances of SUNSHINE Company as at 1.2.2012 RM Land and building 450,000. Furniture and Fittings 35,000. Office Equipment 25,000. Motor Vehicles 75,000. Inventory 5,000. Trade Receivables 12,000. Trade Payables 8,000. Bank Loan 200,000. Bank 13,000. Cash in Hand 1,000. Capital 408,000.
what is the difference between cash flow statement and fund flow statement..
Can you please explain the difference between differentiate between consignor and consignee?
what is the mean of ABC analysis ?
Audit 
