Expand---------MRB
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Answer / rahul karn
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
personal a/c :debit the recevier
credit the giver
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Expand CDR
Can anyone tell me that when we purchases a fixed asset like Machinery its our capital Expenditure and after acquetion of this assets the expenses like unloading loading, and some other parts for reparing purchase for this in which account i have to enter.
on fellowing which assest shouldn't be depriciate?a) furniture , b)television c)goodwill d)printer
pLAESE TELL ME ENTRY ONE PURCHASE BILL RECEIVED THERE IS PURCHASE AMOUNT 15000/- INPUT VAT 4%-600, FREIGHT CHARGE IS 400/ .SO THAT IS THE ENTRY
what is income tax
Expand---------PDCB
Tell us something about Sinking Fund.
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