Answer Posted / prabhakar reddy
1. Debits always equal credits
2. Increases do not necessarily equal decreases and,
3. Assets - liabilities = owner's equity (the accounting
equation).
| Is This Answer Correct ? | 83 Yes | 56 No |
Post New Answer View All Answers
where we use the convetion of conservatisam in real life??
Expand SCERT
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
what you mean by cross dunning
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
what is Ratio Analysis ?
Can you explain about the distinction of Book-Keeping and Accounting
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
Why does one need a broker?
the total of a firm id a rs.6.4 lakh.he has gross profit margin 15% curre ratio of rs.2.5 the firm current libility is rs.96000,inventry, rs.48000 and cash rs 16000. determine the average inventry of firm iss 5 times determine the avg collectin period of opening balance.
What is Acquisition?
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
Apportion Rs 125000/- Nett loss among the partners A,B,C as per their sharing ratios 32%,16% and the balance to C. Pass journal entry