What is the difference between debit and credit?
Answer Posted / gulzar singh
Debit and credit is to aspects on which all accounting is
based. these two word are the foundation of accounting.
Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
what is the reason for balance sheet not getting tallyed
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
Interest earned on investments is an__________
What are the major responsibility's of an accountant? what are the qualities he /she requires?
institutional investors?
what is controlership?
Name some errors which can be detected by Trial Balance
Short Answer on ______Budget
is anybody attended interview in ernst&young for EMS PROCESS , pls let me know abt the written test and what type of report writing
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???
how many types of financial teribuanal? what is that?
What are direct income and indirect income