Interview Questions Answers in Accounting AllOther, Taxation

satish

{ City } kalyan
< Country > india
* Profession * accountant
User No # 37630

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Questions / { satish }

Questions Answers Category Views Company eMail

In Proprietorship Accounting How Does The Entry Made Of Salary To XYZ When XYZ Become The Proprietor Of The company?

3 Accounting AllOther 5259

What Is The Chart Rate For Deduction Of TDS On Salary

ADS, Petrochemicals, Real Estate,

3 Taxation 7356

Answers / { satish }

Question { Accenture, 702799 }

Golden rules of accounting

Answer

Personal A/c.- Dabit The Receiver

Credit The Giver

Real A/c.- Debit What Comes In

Credit What Goes Out

Nominal A/c.- Debit All Expences & Losses

Credit All Incomes & Gains

Is This Answer Correct ?

1 Yes

1 No

Question { 21963 }

what is mean by credit note and debit note?

Answer

The Nate Preparing At The Time Of Purchase Return Or Sales
Written Is Known As Debit Or Credit Note.

When Goods Are Return With Some Of Reason, The
Acknoledgement Made For Debit Or Credit Of Return Goods Or
Funds Against That Perticular Transaction Is Known As Debit
Or Credit Note.

Is This Answer Correct ?

17 Yes

4 No