double-entry bookkeeping system

Answer Posted / guest

double entry bookeeping system follows the 'every debit has
a corresponding credit" and hence, total of all debits has
to be equal to the total of all credits.

Is This Answer Correct ?    13 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are Corporate Action?

2235


what are Blue-Chip companies?

1670


Hi, I would like to check if my understanding is correct I have a negative amount for provision of income tax in my balance sheet from my previous financial year.What are the accounting treatments for income tax paid and then refunded to you for the current year? Is this correct? For payment Dr provision of income tax cr bank For tax refund Cr provision of income tax Dr bank Do I need to input anything in income tax expense acct?

1264


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4433


What is Analysing

1681






Expand RMP

1836


what is the document spliting?

1611


please provide wct retun guide line how can prepaire that

1912


what is joint venture?

1663


what is automatic payment in sap fico

1625


Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?

1912


HOW MUCH LATEST ACCOUNTING STANDARDS , TDS RATE , INCOME TAX RATE, EXCISE , VAT , SERVICE TAX & FBT RATES? (PLS. ARRANGE TO SEND THE RATES FOR ABOVE IN CATAGORY & LIMIT WISE)

3000


Why do you want to work with us

1843


why should we are preparing BRS

1584


Who to create a budget on software company

1628