on the trial balance which thing gone to debit site & which things gone to credit sites?
Answers were Sorted based on User's Feedback
Answer / srinu
all expenditure and assets in debt side & all revenue and liabilities in credit side
Is This Answer Correct ? | 34 Yes | 0 No |
Answer / narendra
all expensess and assets are coming to the debit side and
all liabilities and receiveble are ciming in the credit
side.
Is This Answer Correct ? | 21 Yes | 0 No |
Answer / manisha.badole629
all expences and losses are debited
all incomes and gains are credited
all assets are debited
all liabilities are credited
no entry for closing stock
Is This Answer Correct ? | 6 Yes | 1 No |
Answer / ajay pandey
All expeces and asts
(salary,building) are
coming in Dr. Side and
all income and libality
coming in Cr. Side.
Is This Answer Correct ? | 0 Yes | 0 No |
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