Answer Posted / ashabul
All income are debit And all spend are credit
| Is This Answer Correct ? | 1 Yes | 4 No |
Post New Answer View All Answers
How is scrap value calculated?
Explain me the difference between public and private accounting?
Define executive accounting?
what is addition of Opening Balance and net profit transfered from profit and loss account called
List out some of the examples for liability accounts?
A Lorry driver damaged shed shutter and we deduct 2000/- from his freight amount now what is the head for the Deducted amount?
Explain what is account receivable?
salary and rent entry with tds deduct
What is bad debt expense?
We have purchased some good from our vendor and we asked them to transport the same to some address but they have raised a debit note to us for transportation instead of invoice. Same like we have given some order to manufacture for developing that product they have charged some amount for that also they have raised the debit note. How to account these type of debit notes in tally..?
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
What is mean by Asset area?
What is purchase returns accounting
what is inter-company transaction? what is Inter-Branch transaction?
what role did you play in collections?