Answer / Ritu Rana

In Accounting General terms, the 'Asset Area' refers to the department or section responsible for managing and accounting for assets owned by a company. This includes fixed assets like buildings, machinery, vehicles, and intangible assets like patents, copyrights, and goodwill.

Why some asset accounts have a credit balance?

1 Answers  

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What is the entry for bad debts recovered

10 Answers   Core Logic, Libra International,

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Please tell me entry for following bill. Goods 500 Disc- 10% 50 ---------------- Bill Amt 450

8 Answers  

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Explain me the term material facts in accounting?

1 Answers  

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Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method

1 Answers  

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i have purchase goods for Rs.100 and company say you sell this goods for Rs. 80 and raised a debit note for diffrence amount and he fix 5 % commision on sales value what is journal entry passed in tell with narration?

9 Answers  

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What is an accounting loss?

1 Answers  

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how to pass the entry of advance paid to employee against salary

2 Answers   Concor,

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what is difference between bill and invoice

1 Answers  

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What is negative goodwill?

3 Answers   Wipro,

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what is the direct taxes?

3 Answers   JK Associates, TATA,

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why the net profit arises on the debit side of profit and loss account wen the nominal acount rule states debit all expenses and losses and credit all incomes and gains

1 Answers  

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