Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

1) What is mean by debit, credit
2) what is mean by purchase, sales

Answer Posted / nayeem

This is the basic accounting procdure to follow

put in the left column, say: Debit
put in the right column, say: Credit.


2 Purchase the acquisition of something for payment.
Sale the exchange of goods for an agreed sum of money

Is This Answer Correct ?    0 Yes 5 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

common questions asked at the time of interviews in industry n banks

1963


yes any body is there for my question plz help me. what is meant by capital market? plz give me ans in the form of concept,aspects of business,object etc.

2353


What is the capital adequacy ratio?

1216


Who is co-operative bank regulator?

1040


What should be done to improve the economic growth of the nation?

1044


Describe the pros and cons of globalization?

2395


What are dated securities?

1095


Explain about trims.

1043


What Is Atm Banking (automated Teller Machine)?

1172


What is NSDL?

1137


What is the currency of UAE?

1055


What are NBFCs?

1119


What does the government do to curb inflation?

1091


What is 'foreign bill'?

1021


What is capital structure?

1156