what will come under debit and credit side in trial balance
please give me answer
- 15 Answers
- 129226 Views
- BMCC, Genpact, HF, UNSW, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / janvi sangle
in debit side : fixed asset, current asset, purchase.
in credit side: share capital, loan, liability, sales
| Is This Answer Correct ? | 373 Yes | 30 No |
Answer / ballaamar
debit side comes in Purchases, credit side comes in sales
| Is This Answer Correct ? | 287 Yes | 27 No |
Answer / genius
Debit side of trial balance include- opening stock, Purchase, Sales return, Depreciation, All expenses(discount Allowed/Interest paid, Bad debts, insurance premium....etc.), All assets including cash,bank,debtors..etc. i.e. All assets, expenses& losses, Drawing, Prepaid expenses.
Credit side of trial balance include- Sales, Purchase Return, All Income (Discount received/ interest Received...etc),All Liabilities including capital, creditors, Bank overdraft,loan's..etc. i.e. All liabilities, Incomes & Gains,Outstanding Expenses, Capital..etc.
| Is This Answer Correct ? | 253 Yes | 24 No |
Answer / a.baljee rao
Trial balance debit side:-Assets.Expences,losses Etc
Trial balance Creditside:-Liabilities,Income,Gains Etc
| Is This Answer Correct ? | 223 Yes | 29 No |
Answer / vivek
debit side comes all
asset, expense and drawings
credit side comes all
liabilities, income and
capital
| Is This Answer Correct ? | 158 Yes | 14 No |
Answer / preeti sharma
Debit Side:- Assets
Credit Side:- Liabilities
Debit Side:-Losses & Expenses
Credit Side:-Incomes & gains
| Is This Answer Correct ? | 127 Yes | 8 No |
Answer / waseem
1.Accounts dealing with assets,expenses and losses will show in debit side of trial balance.
2.Accounts dealing with liabilities income and gain will show in credit side of trial balance.
| Is This Answer Correct ? | 62 Yes | 4 No |
Answer / pavani
in debit side of trial balance.... all expenses, losses and
all assets
in credit side of trial balance...... all incomes. profits
and all liabilities
| Is This Answer Correct ? | 45 Yes | 3 No |
Answer / l.gomathi
purchase, sales return, stock, all asset, expenses for all
business, bad debts , interest, carriage inward, carriage
outwardbank charges etc is shown debit side
sales,purchase return, reserve fund , general fund, income
received for business shown credit side
| Is This Answer Correct ? | 48 Yes | 8 No |
Answer / 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 |
dear sir,how to maintain petty cash book. its voucher and posting on cash book and ledger A/c?
Hi all, I am having a interview tommorow at MG Road HR personal interview for IBM daksh. Can any one tell me most likely asking question with the answers. Thanks in advace.
I have interview in Accenture,already anyone attend the interview, kindly gave some information about accounts interview & also about the company.
if i am getting 165000 than should i dedected on my salary or not?
What does overhead mean in regards to accounting?
what is the role mis
what is the nature of profit and loss approprition account.which entity prepare this.
the client has running his business in a rental building and he built new room in same place with own money. can we use the expenses of new room in profit and loss a/c
if goods purchased from x company for rs1000 in credit,out of that 10% given discount for us what is the entry in tally?
What does mean is Profit & Loss Account Shows Debit Balance in Trail Balance ?
If a consultant charged his fee n receive so can i pass the journal entry n how i can i maintain bal sheet
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
Audit 
