Answer Posted / jaydeep

REAL ACCOUNTS: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT EG:CASH

IF YOU GIVE CASH IT IS CREDITED(TO SIDE)
IF YOU GAIN CASH IT OS DEBITED (BY SIDE)
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NOMINAL ACCOUNTS: DEBIT ALL EXPENSES AND LOSSES EG:SALARY
CREDIT ALL INCOMES AND REVENUES

IF YOU PAY SALARY IT IS DEBITED(BY SIDE)
IF YOU RECIEVE SALARY IT IS CREDITED(TO SIDE)
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PERSONAL ACCOUNTS: DEBIT THE RECEIVER
CREDIT THE GIVER

EG:RAM GIVES 1000 RS TO SHYAM:
SHYAM A/C DEBIT
TO RAM A/C CREDIT

deffered tax treatment in financial statements

2208

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What is written off?

2152

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Do v call director in the partnership firm?

2190

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why do u want to join bpo sector

2333

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what are the different causes for discrepencybetween the balance of cash book and pass book

1952

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You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6

2153

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Expand SOIT

1954

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if jj form not cancelled within 1hour,wat to do

1897

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EXPAND___________NAA

1998

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Short Answer on _________Accounts Receivable

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Plz Give the Inventry Accounting Procedure 1.Domestic Purchases ( VAT,CST,& Excise) 2.Import Purchases ( Direct Expences & Excise ) 3.When Will the Price Diffrence Entry Happen? 4.Cash Discount & Trade Discount On Purchases? 5.Domestic Sales ( VAT,CST,& Excise) 6.Export Sales ( Customes ,Excise ) 7.Cash Discount & Trade Discount On Sales?

3313

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Q A project cost Rs.6,00,000. It yields annually a profit of Rs.80,000. After depreciation of 12.5% p.a.but before tax of 50%.Calculate payback priod.

2386

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HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

2267

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2021

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Which document should be attached with purchse & sales invoice?

1964

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