Answer Posted / safalya das

Real Account - Debit what comes in
Credit what goes out

Personal Account - Debit the receiver
Credit the giver

Nominal Account - Debit all expenses and loses
Credit all income and gains

Define capital

4260

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What is the basic difference between pledge, hypothication and mortgage????

2341

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while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

2168

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What is Merchandising Accounting process

2113

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Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.

3499

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Pls Explain Accounting Standered 1,3,11,29

2395

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what is Calculation of Gross Profit Or Gross Loss?

2299

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explain the financialand economic meaning of investment?

2235

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Do v call director in the partnership firm?

2190

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what is buy bach shares?

2194

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Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

2591

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What exactly balance sheet depicts

2075

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Placed an order with Mani for supply of goods worth Rs.5000/-. state whether the the following transcation is business transcation or non business transcation? with reson or explaination?

2055

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How can retify the errors in the trial balance

2315

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you went outside to purchase vegetagles, suddently big rain came then what you will do

2264

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