Answer Posted / davood
Personal A/c: Dr - The Receiver of the benefit
Cr - The Giver of the Benefit
Real A/c: Dr - What comes in
Cr - What goes out
Nominal A/c : Dr - All expenses and Losses
Cr - All Gains and incomes
| Is This Answer Correct ? | 4 Yes | 1 No |
Post New Answer View All Answers
What is the rate of penalty charged when the given Vat Cheque dishonoured?
What is cotangent Account?
We bought some machines from Singapore (capital goods), payment made in rupees. but the invoice value is mentioned as USD. 1. party ledger shows (debit side) amount in rupees. now i need to make purchase entry. 2. shall i want to convert USD to rupees? 3. if i do like that the party ledger will be differ.. 4. somebody pls tell me the way to make purchase entry.
Explain me bills receivable?
HI, i was given only 1st round and i made it through the first round, then was sent for the final HR round.In the HR round the HR manager dint ask me a single question of the related job,all he asked was as following:- i)what are your salary Expectations ii)are you ok to do night shifts.then he thanked me and said he will let me know by 2 days,when i asked him for any feedbacks and suggestions he said that he will let me know only after 2 days.SO please help me what shall i expect from this one of a kind interview. Many thanks in advance.
plz can some one tel me "The concept of stock holder's equity and paid in capital".
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam
Why in KE5Z report in SAP Accounting Data not found?
WHAT IS CORE ACCOUNTING, GROUP CONSOLIDATION ? CONSOLIDATED ENTRY. COULD YOU GIVE ME AN EXAMPLE
MEANING OF RED HERRITING
what is the rate of vat,cst,in mumbai
what is the diffrence between cash flow & cash fund?
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
How do we calculate the cost of investment?
Do you think accounting standards are mandatory and why?