What is the full form of Dr. and Cr. ?
Answer Posted / abdul basit
The answers is as follows:
Dr= Debit Rules
CR= Credit Rules
| Is This Answer Correct ? | 3 Yes | 6 No |
Post New Answer View All Answers
what is Contra Asset?
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
different between acconting and elective mathematics
what are the content of purchase order?
What is the Purpose of Preparing Bank Reconciliation Statement?
Expand--------SOT
What is the difference between income statement & Profit&loss A/c?
what are responsibilities of an accountant in a company?
ACCOUNTING CONCEPTS AND CONVENTIONS
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry
deffered tax treatment in financial statements
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?
Short Answer on ___________Finance Bill
Q5 Prepare a Balance sheet from the following particulars: Gross profit =Rs.80,000 Gross profit to cost of goods sold =1/3 Stock velocity =6 times Opening stock =Rs.36,000 Accounts receivable velocity =72 days (year=360 days) Current assets=Rs.1,50,000 Account payable velocity=90 days Bills receivable =Rs.20,000 Bills payable=Rs.5,000 Fixed assets turnover ratio (on cost of goods sod)=8 times