Answer Posted / sahapdeen

real a/c - debit what comes in
- credit what goes out
personal a/c -debit the receiver
-credit the giver
nominal a/c - debit all expenses and losses
- credit all incomes and revenues

What is Home Loan Modification?

1718

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Should I have perfect credit score, that is, above 800 credit score?

1371

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Explain why retained earnings have an opportunity cost associated?

2939

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what do u mean by arrear basic or arrear hra?

3283

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What is meant by advance ruling? What is the scheme of advance rulings?

1548

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EXPAND_________SDJMC

1911

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why do think you are best candicate for this post.

1857

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Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

1422

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Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance

2128

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At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

1577

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where we use the convetion of conservatisam in real life??

1573

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What is the Purpose of Preparing Bank Reconciliation Statement?

1602

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fd redeem interest and principal entry in tally

671

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how Mis reports are used?n why it is used ? explain

1530

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outstanding expenses are the expenses that "unpaid"at the end of the accounting period e.g.salaries rent so they all come to under nominal accounts which is debt all expenses and losses and credit all gains since they are unpaid hence they must be credited

1474

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