Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

why debit is called debit.& why debit is on left side,why
not on right side ?

Answer Posted / s

because its a accounting rules, nothing els.

Is This Answer Correct ?    12 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Dear sir/madam, Want to know entry for closing of sundry creditors account on the end of the year when its accounts shows debit balance, Payment made excess. E.g Invoice rcvd : 100000.00 from XYZ company payment Made: 105000.00 Please suggest best entry for the same

1803


Define bills receivable?

1277


If closing stock is given in adjustments, how we show in tally 9.0 ?

2065


what is ment by suspence account and dummy account

2001


credit card expenses entry kisme pass karenge

1422


WHETHER CAPITAL RESERVE CREATED OUT OF SALE OF FIXED ASSETS OVER AND ABOVE THE COST BE TRANSFERED TO PROFIT AND LOSS ACCOUNT

2054


hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..

2038


what is "goodwill" reserve and surplus and reserve with example

2034


Define scrap value in accounting?

1148


Tell me what a deferred asset is and give an example?

1135


what are the items falling under the category of reserves and surplus? whether bills of exchange is a reserves and surplus item 2.whther errors of omission will affect the trial balance

1921


my question is I am finance student I want to know which type of the question are asked by the interwier in interview.

1995


What are the activities that are included in the cash flow statement?

1020


Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?

2102


sir ,can effect on wbs element after wbs selected in t code : FBCJ for cash receipt?

2286