Answer Posted / padmini

Personal A/c: DEBIT THE RECEIVER
CREDIT THE GIVER
Real A/c: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
Nominal A/c: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

describe how accuracy in trial balance is a prime objective for preparing the financial statements?

2055

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At Present Situation in sensex market is low, It converts the whole human being life into the depth. When and how it will change? Is it possible?

2080

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purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest

2020

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Expand-------ANTS

2039

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why are you selecting for the profitbulity analysis costing based& active based

2150

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differed tax liability

1888

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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.

2213

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i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?

2195

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Define Bill of Exchange

1985

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CLASSIFY THE FOLLOWING INTO REAL,NOMINAL AND PERSONAL- 1.unpaid salaries a/c 2.arvind mills a/c 3.arvind mills shares a/c 4.prepaid rent a/c 5.fire insurance premium a/c 6.life insurance premium a/c 7.petty cash a/c 8.loan given a/c 9.interest received a/c 10.loan received a/c

1521

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When is proposed divided a current Liability and when is it non-current liability? Why is it in the list of Current Capital Accounts?

2279

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what do u mean by single error and double error in accointing errors?

2295

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how to work on CMA form in manufacturing compay as well as how to analysis working capital ?

1981

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let me know the meaning and Nature of cash

2150

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WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME

2065

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