Explain "debit what comes in credit what goes out"

Answer Posted / sourabh singh

This is the defination of Real Account & parts of Golden
Rule where anything come it will debit & anything goes it
wll credit ie,

Furniture A/c ------------Dr
To Cash/BAnk

Is This Answer Correct ?    60 Yes 7 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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

1693


what is difference between venture capital financing and equity financing?

1510


what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.

1635


Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.

1596


what is tds rate of WCT applay for sale tax ragistard company.

2054






Short Answer on __________Measurement

1585


Short answer on Allowances

1498


what is dieerence between capital cpapital structure

1853


how we could adj. the entries of prop. & firm in merging time

1521


What is difference between cash flow and funds flow?

1697


I want to know how to get Appeared to the examination of State bank of India. And how can i find the question Book Series.

1578


How good are you at Finance?

1655


what is the subprime?explain it.

1783


we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

1646


Short Answer on ______________Import Trade

1431