Answer Posted / soumitra paul
Real Account:
What comes is debilt, what goes out credit
Personal Account:
Debit is the receiver, credit the giver
Nominal Account:
Debit is losses and expenses, Credit is income gains and
profit
| Is This Answer Correct ? | 3 Yes | 5 No |
Post New Answer View All Answers
What are Home Equity Loans ?
Distinguish capital and Revenue receipts
what you mean by cross dunning
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
Transfer nett profit of Rs 325000/- to Reserves and Surplus
How do you avoid loss situation
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
what is participation right is it a debt? or not?
what are the suggestions to control NPA in rural areas?
Expand--------CMTS
Expand---------BPCD
Expand-------CSNA
how history is helpful for banking?
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.
Do v call director in the partnership firm?