Answer Posted / chandu
according to double entry system every transaction must have two aspects one is receiving aspect and another one is giving aspect both aspects should be recorded in the books of accounts is called double entry system.
Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
Expand SCERT
fiscal year variant Vs posting period variant
explain about mergers & aquisitions? asked on 30/7/09
why cost center is assign to gl account in sap
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
Expand-------NAST
what is the nature of bill receivable and consignmenta/c
what is account & what is finance
Expand-------SCAN
is it necessasary to make a partnership deed
explain the financialand economic meaning of investment?
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
If a bank lends money to FFMC's for working capital requirement, whether the Bank can have charge on the currencies FFMC deal/exchange, by way of hypothecation or is it just a clean loan.
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...