Answer Posted / sudheer
real account:- debit what comes in
credit what goes out
personnal accout:- debit all expenses and losses
credit all incomes and gains
nominal account:- debit all expenses and losses
credit all incomes and gains
| Is This Answer Correct ? | 14 Yes | 20 No |
Post New Answer View All Answers
What is the TDS rate in Maharastra, Tamil Nadu, Karnakata,Odisha & West Bengal. What is about Profession Tax.
Can you please explain the difference between differentiate between consignor and consignee?
What is the definition of accounting?
What do you find most satisfying about this job?
What is aggregate Liabilities ?
How create the invoices?
what is retention? how caculate on asset
a.what products does your firm produce? b.what costs are asssigned to the product produced? c.for particular product,what direct materials are used? d.what percentage of total manufactoring costs is direct labor? direct materials?overhead? e.how is overhead assigned to the products? f.do you now use or plane to use an activity_based management system?why or why not?
Tell me by saying, perpetual or periodic inventory system; what do we mean?
How to pass accounting entry for a tender cost and under which head? and how to show joint venture in venture's accounting books?under which head?
the bank returned S meyer cheque for R450. the cheque has been dishounerd because of insufficient funds, discount of R50 was allowed the account was settled
what is wct ? who take its benefit? e.g. we are works contractor, we are liable to take its benefit or not..
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
Tell us how can you define departmental accounting?
Which steps in Procurement to Pay process does FI documents get created.
