what are the basic accounting entreis ?
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Answer / prasanna
debit receiver credit giver
debit what comes in credit what goes out
debit expenses or losses credit incomes or gains
| Is This Answer Correct ? | 41 Yes | 1 No |
Answer / b.balaramakrishna
Debit what comes in and credit what goes out, debit all
assets and credit all laibilities, debit the expenditure
and credit the income
| Is This Answer Correct ? | 22 Yes | 11 No |
Answer / ramanandhudu
debit receiver and credit tha giver
what comes in debit what goes out credit
all expencess and loss debit incomes and gains credit
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / syed ajmal
Debit losses credit gains
Debit reflect in assets side and credit reflect in liabilities side
Debit receiving credit giving
| Is This Answer Correct ? | 1 Yes | 0 No |
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
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The Trial Balance of M/S Ram & Co,Shows chosing stock of Rs,30000. It will be recorded in: - .................. (a) Trading A/c; (b) Profit & Loss A/c; (c) Balance Sheet; (d) Both (a) & (b)
ATTENTION PLEASE.All the answer posterors will be sent the complte key on the questions if requested thru mail id Answered but misspelled pl correct Happening as a consequence of transaction the reult is(Ans- TNEVE)
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Define Normal Loss and Abnormal Loss what is the effect in books of accounts.