what will come under debit and credit side in trial balance
please give me answer
- 15 Answers
- 129382 Views
- BMCC, Genpact, HF, UNSW, I also Faced
- E-Mail Answers
Answer Posted / chirag
purchase,sales return,stock,drawing,all assets,real expenses are comes in debit side
all liabilities and income comes in credit side.
| Is This Answer Correct ? | 14 Yes | 1 No |
Post New Answer View All Answers
what is profit and loss(dr) in cash flow statement?
How much mathematics knowledge is necessary or required in accounting?
What is executive accounting?
Tell me what is working capital?
My Brother is running a small business of Window glasses & Mirror etc. He needs Bank Loan (CC/OD Limit)against current account. So, I need a project report to apply CC Limit. Please Help me. My EMAIL ID is :- savichawla_1703@yahoo.co.in Kindly send the report to above ID ASAP. Thanks & Warm Regards Sarvpreet +919888669523
what are the charecteristics of cost accounting financial accounting managment accounting payroll accounting environmental accounting h r accounting forensic accounting inflation accounting?
M/s ABC Brothers, which was registered in the year 2000, has been following Straight Line Method (SLM) of depreciation. In the current year it changed its method from Straight Line to Written Down Value (WDV) Method, since such change would result in the additional depreciation of Rs. 200 lakhs as a result of which the firm would qualify to be declared as a sick industrial unit. The auditor raised objection to this change in the method of depreciation. The objection of the auditor is justified because (a) Change in the method of depreciation should be done only with the consent of the auditor (b) Depreciation method can be changed only from WDV to SLM and not vice versa (c) Change in the method of deprecation should be done only if it is required by some statute and change would result in appropriate presentation of financial 6 statement (d) Method of depreciation cannot be changed under any circumstances
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
what is use of cost category ? which type is useful in accounting work ? give answer with solid example because iam slow learner in accounting line.
what is the meaning of banking
What are the steps to take before you approve an invoice for payment?
What is the equation for acid-test ratio in accounting?
Define scrap value in accounting?
What is a trial balance in accounting?
What is the purpose of financial statements?
