what is meant by debit and credit
- 22 Answers
- 38957 Views
- DELL, i Tech, IBM, Wipro, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / sweety
Every aspect in accounts is a cash. So,
if cash comes then cr.
if cash goes then dr.
| Is This Answer Correct ? | 1 Yes | 6 No |
Answer / s.shiva kuamr 9848083705
DEBIT MEANS "DUE TO THAT"
CREDIT MEANS "DUE FOR THAT"
| Is This Answer Correct ? | 13 Yes | 20 No |
what is net turnover and how to calculate?
WHY LOSS IN BUSINESS IS SHOWN IN ASSETS SIDE OF BALANCE SHEET? WHY EXCISE DUTY IS DEDUCTED FROM THE GROSS SALES TO ARRIVE NET SALES? WHY SALES TAX IS NOT DEDUCTED FROM SALES TO ARRIVE NET SALES?
How can a profit & loss appropriation account have opening & closing balance ?what would be journal entry for it?
Transfer nett profit of Rs 325000/- to Reserves and Surplus
What is Accrual?
OUR BOOKS & ITR MISMATCH FOR RS.15000/- ON ACCOUNTS OF TDS ON RECIEPTS FY-09-10 . KINDY GIVE CORRECTION ENTRY TO MATCH THE BOOKS WITHI ITR. DEVENDRASINGH086@GMAIL.COM
EXPAND___________MCA
How is the expenditure of developing a modified product treated?
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
you purchase a machinary on a loan what is the joury entry for that and where will you show the the loan amount in balance sheet and show the ledger account?
what is brs?
Expand-------NAC
Audit 
