what is the meaning of debit and credit

4 Answers  

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Jurnal for interest chrgd by bank- Interest a/c dr To bank Bank is real a/c Que is why bank is credit as d rule is dr d reciever

3 Answers   Wipro,

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Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!

0 Answers  

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What is ‘Dual Control’ in Master Records?

1 Answers  

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what is current ratio formula

9 Answers   Sundaram Motors,

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Difference between Accounting Concepts and Conventions

1 Answers   Genpact,

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What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.

0 Answers  

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ESI payable in the year 2010 was Rs.11000 but not accounted for by mistake in that year.It was paid in the year 2013-14. Then what will be the journal entry?

3 Answers  

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what is the provisional of salary?

3 Answers   AgriGold,

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Dear sir, presently iam working in manufacturing industry as an account that is ( cement industry) may i expect good work here or not?

1 Answers  

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sold private car for rs 4,000 and bought a new one with proceeds for bussiess plus rs 5.000 from office cash what will be the journal entry

8 Answers   Genpact,

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what is corporate assesse

1 Answers   Endolite,

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