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Answer / imran
Debit what comes in and Credit what goes out.
|Is This Answer Correct ?||36 Yes||3 No|
Answer / shekhar
what comes debit and what goes credit
|Is This Answer Correct ?||13 Yes||1 No|
Answer / soumya prakash ganguly
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account.
|Is This Answer Correct ?||5 Yes||0 No|
Answer / shiva goud
debit means in accounting an entry recording a sum received, listed on right side of the account.
credit means an entry recording a sum owed, listed on left side of the account.
|Is This Answer Correct ?||5 Yes||1 No|
I want to know service tax applicable on Packers & Movers yes or no
If we get TDS certificate after audit whareas this certificate is related to same financial year,in this condition how will we consider tds or can we take this credit in next f.y.?
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
what is cost center & cost categories in tally
which subsidiary book is source of these:debit note,credit slip,
Calculation of Gross Profit Or Gross Loss give example?
why bank interest comes in indirect exp. in accounting method? what it is the TDS?
Tell us what is a cpa?
What is the full form of RTS in banking ?
what's the difference between impress cash account and petty cash account