What are rules of double entry system ?
Answers were Sorted based on User's Feedback
Answer / chandu
according to double entry system every transaction must have two aspects one is receiving aspect and another one is giving aspect both aspects should be recorded in the books of accounts is called double entry system.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / gohar ali pugc
According to Dual Aspect Concept Each transaction has
dual/double treatment as one is debit and it also be credit
and it is recorded in the jeneral book of account
| Is This Answer Correct ? | 5 Yes | 1 No |
expand E P F
what is accounting standard ?
2 Answers GE Healthcare, Virchow Biotech,
what is MNC?
43 Answers SeaGull Labs, Syntel,
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
Expand ------APMC
What is the defination of job costing, batch costing and contract costing?
wht is INSTITUTIONAL INVESTMENT?
what is deffered revenue expenses and what is amortization expenses?
What is deferred revenue Expenditure.
Mention the differencebetween consiner and consinee?
expand M E A
example: thing that u have order 100 goods from the vendor, and he delivered only 80 goods,but he invoice u for 100 goods, then what will be u doing in this suitation?