Answer / Pankaj Kumar Mishra

The abbreviations for the accounting terms debit and credit are DR and CR, respectively.

What does the word credit mean in terms of accounting?

1 Answers  

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what is accounts payable ..what is accounts receivable

2 Answers  

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ABC LTD PURCHASE GOODS FROM XYZ LTD OF Rs.400000/- BUT DURING THE TRANSPORTATION ALL GOODS ARE DESTROYED.ACCORDING TO AGREEMENT INSURENSE CO. PAID 75% OF DESTROYED GOODS TO SELLER. WHAT WILL BE JOURNAL IN BOTH PERSON ACCOUNT.

7 Answers  

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maximum bank permissable finance

3 Answers   Capital IQ,

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how to transfer fund useing cashflow and fundsflow?

1 Answers  

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A machinery item puchase form M/s. XYZ for the cost of Rs.2,00,000/- with freight charges Rs.20,000/- and installation charges Rs.10,000/- what is the journal entry

4 Answers   Chartered Accountant, Sony,

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Goods destroyed by fire rs.2000 and insurance company claim rs 1250. This is shown on adjustment,how is it posting on profit and loss account and balance sheet

1 Answers  

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Define offset accounting?

1 Answers  

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matching concept

2 Answers   Capital IQ,

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what kind of items are posted in the income statement?

2 Answers   eClerx, Tata Motors,

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1- what is cash flow and fund flow 2-Defference between TDS and TCS

2 Answers  

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what is entry of depreciation in journal

4 Answers  

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