can anybody expalian about modern clasification of accounts
To speed up journalisation of transactions accounts were
brodly clasified into 5 catogories
Group Rules for Debit and Credit
1.Capital Credit increases debit decreases
2.Liabilities Same as above
3.Incomes and Gains Same as above
4.Assets Debit increases and Credit decreases
5.Expenses and losses Same as above
Is This Answer Correct ? | 3 Yes | 0 No |
example irr
how many type of assets
WHAT IS ACOUNT PAYABLES AND ACCOUNT RECIEVABLES?
Short Answer on ________Sole Proprietor
can you tell me how to calculate it in payrool
What is deferred revenue Expenditure.
ER-1, ER-2,ER-3,ER-4,ER-5,ER-6,ER-7 plz tell me use of these excise form
0 Answers Delight Auto Industries,
what is working capital in what way it is useful for company or orgainzation
journal entry for drawings?
what are the difference between bookkeeping and accounting ?
What is the 3 basic rules in accounting by account? What is the 3 type in basic rules?
why Balance sheet tally, why the Liabilities and Assets will always equal.(for a business man how does it helpful, if liabilities and assets are equal)????? Hope I will get the accurate answer Thanks in Advance.