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What is debit and credit note?


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Is petty cash book is compulsory in all companies?

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what is the relation of accounting subject with other subjects like economics commerce and statistics?

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I have an interview on accounts payable.In my CV I have written I have done accounts related work including finalization And i worked on Tally So what kind of questions i am expected to receive in interview.

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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.

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we are a trading company providing devices and some times after sales service. when any defect came we just replace the hardware from another defective device and getting the payment from the customer. how can we account that? is there any tax implications for this?

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I have 3 units, can i vat returns all the three units only one vat form

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What Is Responsibility Accounting?

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As per AS-26, preliminary expenses are to be written off in the year in which it is incurred. How will you treat Preliminary expenses in Cash Flow Statement of that year

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