There are Three golden rules in accountings
Debit the receiver, credit the giver
Debit what comes in., Credit what goes out
Debit all expenses and losses,credit all incomes and
Please Help Members By Posting Answers For Below Questions
Short Answer on __________Accrued interest
What is DECR And for wt it is used?
while passing a journal entry we rite dr. for the a/c to be
debited but why don't we write cr. for the a/c which is
credited and instead write 'TO'??
What is meant by consignment
a company sold an equipment for $8600, but the actual book
value of the machine was $8000, pass journal entry
Up to what time we can show TDS Receivables under Advance
Income Tax A/c?
what is article of association?
what is memorandum of association?
How and by whom the Percentage of Depreciation is fixing?
what is futures and options?
Why in partnership fundamental question will add Partnership salary for the year and per month salry add in the cr. Side of the p/l app a/c
who invented acounts?
Suresh agreed to adjust Ramesh due amount of Rs 15000- from
his credit balance
If i have a company in India doing purchase from Shrilanka,
If i buy in Shrilankan local currency and make the payments
in Indian Currency At the end of year how shall i settle
the difference Exchange money in Books of Accounts.