Answer Posted / moin
Acconut is a art of record
there are 3 golden principle of accounts they are
1. Personal a/c: debit credit
the receiver the giver
2. Real a/c : what comes in what goes out
3. Nominal a/c : expenses & losses incomes & gains
Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest
Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry
Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
What are different types of reports made in tally
What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school
What are the things are not Included in Annual Reports?
what is the meaning of Processing Vendor/Employee payments
All shot cut key use in the tally software & it's uses
Took goods from the shop for use at home. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?
I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
Can I freeze my account?
Expand---------EDP