Answer Posted / vicky

REAL ACCOUNT- Debits what comes in.
credit what goes out.


PERSONAL ACCOUNT- Debit the receiver and credit the
gives.

NORMINAL ACCOUNT- Debit all losses and expenses and credit
all profit and incomes.

What is the Assets & Liabilities?

2335

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helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.

2237

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hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in

2014

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how to prepare HSD statements in tally

2701

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I am going for interview in Cross domain for Finance & Accounts opening. If any one having any question paper or question that might be asked in interview pls send me on my mail id -ruchi_singh759@rediffmail.com, or here.

6787

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what do Loan Loss Coverage Ratio mens describe it with examples?

2235

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What are Corporate Action?

2746

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What is the difference between reserve and provision.

2259

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Why we reconcile our debtors? what steps we taken during reconciliation.

2068

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difference betwwen the 4.6 & 4.7 ecc versions

2352

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what is Rectification of Errors ?

2239

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what is sales life cycle???

1987

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whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account

2331

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The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690

7480

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Expand---------NPTO

2027

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