what is Credit?

Answer Posted / nishant kumar

In the marketing point of wiew Basically credit means the
various accets from which the organisation gets some
income.For Example:-Gross Profit,Sales, Discount recieve
etc.

Is This Answer Correct ?    9 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Tell me by saying, perpetual or periodic inventory system; what do we mean?

700


Do you know company's payable cycle?

658


simply define shares and debentures

1073


explain me what steps would you take to increase revenue for this company?

574


Hi, in Vendor Master i put in defualt data material in purchasing group in sap. now i want to report or list only purchasing group wise vendor only like subcontractor vendor list only how to get this?

1537






What is balance sheet and off balance sheet?

608


What is batch input? why we use batch input session in SAP(FICO)?

4858


Sir i want to ask that if the salary above 6500/- than also pf deduct.

1404


what is a grn in terms of accounting ? what is a grnthroughpo in terms of purchase order? what is a direct grn?

3832


How many accounting standards are currently published?

664


I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?

1278


when receieve cheque from a party and we deposite cheque in bank how do this entry

4193


How to group the companies in tally?

1554


in tally software payroll vouchers option is there for what purpose it is used ? please tell me friends.

1613


What are the criteria for accounting job?

1417