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...

What is debit and credit?

Answer Posted / kiran kumar .r 9700473904

here the question is what debit is and what credit is? not
priciple.....

Debit is receiving benefit
Credit is giving or outgoing benefit.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is cost unit n what is cost sheet?

2213


if no production is take place at the start of a process in royalty accounting what will be the accounting procedure for that.

1987


consultancy charges receivable Rs 30000 from abc & co. tds receivable 3000

1449


I have transferred the Plant & machines to our Branch which are located in other state. plz told me how can i show the Machin stk trfr amt in return?

2061


what accounts payable applications are your familiar with?

1143


WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?

2070


How do you maintain accounting accuracy?

1115


What is the difference between provision and reverse?

1111


why you want to lecturer

2196


A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?

2129


How do I charge bank charges on payments to clients

2069


what is the procedure to appoint an Austrlian citzen as indian company director...

1788


what type account are below Debentures Bank overdraft

1888


What is meant by calendar maintenance?

1163


Cash Processing

2408