Explain me the difference between accounting and auditing?

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In Accounting Terms 1. what is meant by debit Rs.1000/- to Mr.Ramu account ?. 2. What is meant by credit Rs.1000/- to Mr.Ramu account ?. 3. What is meant by Ramu account was Debited or Credited ?. 4. Generally in accounting terms what is meant by Debit or Credit His / Her account ?.

2 Answers  

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what is the meaning of rates in(rent,rates and tax) what is the meaning of contribution in margin of safety. what is the equity? and what single entry system? i want heavy explanation regarding these questions. thank you in advance reply soon bye!

2 Answers   College School Exams Tests,

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Provison for payments (benefits received but bill not received at the closing of accounts)(utilites, Telephone, Rent)

1 Answers   Accenture,

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What is GL Master Maintanance

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What is the due date of Filing PF return? Is it being filed half yearly or annually?

1 Answers   Honda,

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Provident Fund a/c will comes under which account Personal, Real or Nominal A/c

1 Answers   Cargill,

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What do you think is a bank reconciliation statement?

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What are bills receivable?

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where is entry done in tally of cheque bounce ???? Journal, Payment, Receipt, Contra

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in what circumstances it is mandatory to calculate the goodwill.

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iv, A non -performing asset is A, Money at call and short notices b, An asset that ceases to generate income c, cash balance in till d, none of the above

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