Answer Posted / arvind
There are two types of accounts
1. personal accounts: DR-the Rec,
CR-the giver.
2. Impersonal accounts.
2.1 Real A/C: DR-what comes in,
CR- what goes out.
2.2 Nominal A/C:DR- All expenses & losses,
CR- All gains& incomes.
| Is This Answer Correct ? | 6 Yes | 0 No |
Post New Answer View All Answers
where is suspense entry is entered in tally erp9
Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?
plz send me the accounting questions and answers of bank of america.
what is pre settlements and post settlements in Derivatives?
Pls Explain Accounting Standered 1,3,11,29
how to do finalisation account ,pls tell me step by step ?
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
In IGATE, 2 yrs bond for fresher and reverent experience 1 year bond. First z essay writing. “Unforgettable movement ur life” Tiz in ITPL IGATE stopping
in which group under we will open donation and hamali weekly payment account or ledger
In SAP FICO How many ways we are Procuring the assets in the Company?
what is balance sheet, capital budgeting, financial statements, current ratio, profit maximization?
Have you worked with other on team endeavors
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
how Mis reports are used?n why it is used ? explain