Answer Posted / gaurav kumar yadav

There are 3 types of Accounts :-
1. Personal Account
2. Real Account
3. Nominal Account
Debit what comes in , Credit what goes out.

Debit all expenses and l;oses. Credit all income and gains

Debit receiver and credit giver

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2448

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what are valuation accounts?

2016

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What is deffered income

2272

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fd redeem interest and principal entry in tally

1193

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What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese

2026

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What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?

2157

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how to do finalisation account ,pls tell me step by step ?

2536

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what is the difference between f.f.s and c.f.s?

2697

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hdn Systems Pvt. Ltd., manufactures a consumer durable which passes through two processes M and N. From the following details prepare necessary process ledger accounts bringing out clearly the cost of the product at each stage. Process ‘M’ Process ‘N’ Materials (Rs.) 30,000 3,000 Labour (Rs.) 10,000 12,000 Overheads (Rs.) 7,000 8,600 Input (units) 20,000 17,500 Normal loss 10% 4% Scrap value of loss (per unit) Re. 1.00 Rs. 2.00 There is no opening or closing W-I-P or stock at processes. Final output from the process ‘N’ was 17,000 units

2170

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Short Answer on _________Business

2068

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Which entry we pass self entry like cash withdraw for ourself

1618

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Short answer on Allowances

1940

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Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1933

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In case of new admission of partner what will be the adjustment for the sharing ratios

2075

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how enter service bill in the tally and what is the process of service bill. aganst service charge @ 10.3%, sercharge 2% cess 1%

2627

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