Answer Posted / bhaskar
What we receive is debit.
What we give is Credit
| Is This Answer Correct ? | 10 Yes | 4 No |
Post New Answer View All Answers
Role-specific management accountant job interview questions:
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
What is a ledger in regards to accounting?
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?
examole of cash to cash contra entry
What will be a entry for TDS deducted on Salaries, Directors Remuneration and Rent.
What is the rate of penalty charged when the given Vat Cheque dishonoured?
Tell me what is gaap?
When a company s accounting year-ends on a day that is other than the end of the calendar year what is called in accounting?
hi m freshe working as a account assistance. i want know about accounts, what is balance sheet, profit & loss a/c, trail balance? why these are require to company? how can i know about full account work in tally? what should i do everyday? how to finalisation calculting? kindly explain please..
a person have to buy 2kg items out of 4 differnt price tag item i.e potatoo rs. 10 kg, onion rs. 5 kg , radish rs. 1 kg, and chilli rs. 1 kg in rs 10 how can he do
goods worth rupees 440 distributes free among the poor?
What's the accounting entry when an Invoice is created in AR?
Hi, we are not a VAT register and raised not VAT bill to company for signage material. they are deducting WCT @4%, can anybody help me why they are deducting WCT while i am not a VAT register vendor, as i do not cross threshold limit.
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason