Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What is debit and what is credit ?

Answer Posted / neha

Debit & Credit depends upon the criteria of principal

Debit is what comes in, all expenses & losses & the last
debit the receiver.

Credit is what goes out, all incomes & gains & the giver

Is This Answer Correct ?    13 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

---------is the main or principle book of accounts

1904


duties of bank finance manager

2258


Can anyone mail journal entries for me? my Mail id rukmini@live.in

1961


why are you selecting for the controlling area same company code?

2213


hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?

2085


What are the duties of sales tax department? Explain it

2272


as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes

4139


bank exam paper

2279


Let me know the difference between cash flow and free cash flow

2075


1. The controlling department wants to see depreciation amount on internal orders. Which customizing setting do you need to make in asset accounting?(any 3 answer) Make the internal order in active assignment object. Make the internal order an account assignment object for the depreciation run. Set the field internal order to required or optional in the screen layout. Enhance relevant transfer variant by adding the field internal order. Assign the field internal order to account determination.

2971


What is Goods Lost by Fire/Accident/Theft ?

1816


what is the step in preparing the schedule of audit? can someone explain for me?

2175


Explain valuation methods of Normal and Abnormal loss

2083


What was use of tally erp 9? Types of vat?

1734


EXPAND_________SEB

2084