Answers were Sorted based on User's Feedback
Answer / dhanraj kushwaha
there are opposite defference between debit n credit.
1:-We are debited to this item like-Exps.
2:-We are credited to this item like Income.
|Is This Answer Correct ?||5 Yes||0 No|
Answer / ankit
THIS IS OPPOSITE DIFFERENCE BETWEEN DEBIT (DR) AND CREDIT (CR)
DR- ALL EXPENSES ARE DEBITED IN DR SIDE.
CR- ALL INCOMES ARE CREDITED IN CR SIDE.
|Is This Answer Correct ?||2 Yes||0 No|
Answer / sunilchand
there is no difference between them because they are like
eyes for a man to satisfy the matching concept.
|Is This Answer Correct ?||4 Yes||5 No|
Answer / kishor bawane
there is defference beetween just like plus(+) and Minuse(-
). Debit balance is uor income and Credit Balance is our
|Is This Answer Correct ?||3 Yes||4 No|
Explain the term account payable?
Re: one customer visit the showroom of phones and purchased the phone of Rs 750 and gave the 1000 rupees note the showroom executive didn't have the change so he take the change from next to his showroom's shop then he deliver the phone to customer with the change of rs 250.and customer went with both after sometime the shop owner of next to showroom who gave the change of Rs 1000 with angry and told the showroom executive that the note you give it to me is fake! so showroom executive gave him Rs1000 to him.so my(question) is how much the showroom executive faced the loss on this transaction. (the answer is neither 750,1000,1250,1500,1750 nor 2000) please reply the answer because its urgent with the explanation of u'r answer thankyou.
we have worng credit in Rs.10000 in bank a/c on 31/03/201 so Please give your idea in matter . what entry made in book of accounts.
what is use of cost center category in tally ? why & when use this ? what is benfit ?
what is meant by working capital?
What do you mean about TDS And Sale tax retrun
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
What Is ROC? Explian briefly?
HOW CAN I OPEN A CC A/C ? WHAT ARE THE MINIMUM REQUERMENT TO OPEN A CC A/C ? WHAT ARE THE FACILITY OF A CC A/C IN THE BUSINESS FIELD ? WHAT ARE THE BANK CHARGES AND INTEREST IN CC A/C ?
Pass journal entries Purchased goods from mr x on credit 1000
What is the difference between Economics and Finance?
when & how interest on unsecured loan is calculated?