what is come first debit or credit? means in the bussiness
debit comes first or credit
Answers were Sorted based on User's Feedback
Answer / suman bhoi
I think it may be CREDIT as the
capital introduced first then it
become asset of company.
Is This Answer Correct ? | 4 Yes | 0 No |
Answer / younis
Both debit and credit as capital is introduced credit is given to capital ac and at the same time cash or some other asset comes in so debit what comes in
Is This Answer Correct ? | 0 Yes | 0 No |
Labour charge 100000 deduction tds 5%
What is bank reconcilation a/c
Company XYZ split 5:1 on June 30, 2008. Date Close Price # of Shares Revised Closed Price Revised # of Shares June 15, 2009 $75.00 5,000 $75.00 5000 April 23, 2009 $72.00 7,500 $72.00 7500 March 31, 2009 $67.00 135 $67.00 135 March 31, 2008 $275.00 531 $55 2755 November 30, 2007 $233.00 266 $46.6 1330 October 6, 2006 $1,333.00 10 $266 50
0 Answers Shore Infotech, Tech Mahindra,
Can anybody answer to my question fictitious assets journal entries
What is the type of principal for CLOSING STOCK. and why we show closing stock two time that is once in trading account and another time in assets. if closing stock is Real account than what about showing in trading account as we dont show real account type in trading account. thanks
What is the golden rule of General Ledger?
what is Finalization of Accounts?
What is LIFO and FIFO ?
Why in KE5Z report in SAP Accounting Data not found?
How to prepare balance sheet
what is the difference b/w gain and profit?
What are the objects of cost accountancy?