Let me know why we debit expenses and credit revenues
Answer Posted / goutam de
BECAUSE WE FOLLOW THE 3RD BASIC PRINCIPLES OF ACCOUNTING BY
DEBITING ALL EXPENSES AND LOSSES & CREDITING INCOMES &
GAINS
Is This Answer Correct ? | 8 Yes | 0 No |
Post New Answer View All Answers
Can u please give me example of bonds? is National savings certificate a Bond?
Is commodities transaction tax a permissible business expenditure? Explain
Meaning of portfolio management?
What is COVER payment?
what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process
differences between liabilities and assessts
Suppose the production is more and sales less then what will happen
What is the content of purchase order? n content of voucher? what is the main use of voucher.
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
what is tds rate of WCT applay for sale tax ragistard company.
What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this?
write about an e-mail to manager seeking permission for leave
wht can u do for the growth of bhel?
my qustion is what is H foam and where use
EXPAND___________NBFCS