Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ramakrishnareddy
personal a/c: 1.Debit the receiver of benifits
2.credit the giver of benifits
Real a/c : 1.Debit what comes in(like assets or money)
: 2.Credit what goes out( --do-- )
Nominal a/c : 1.Debit all expenses &losses(bad debts)
: 2.Credit all incomes & gains (prepaid income)
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
A----------involves transfer of money or moneys worth from one person to another
PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally
EXPAND_________TOEFEL
Can I freeze my account?
what is the difference between cash flow and funds flow
how we will prepare n file income tax returns for individuals?explain
What is the Accounts Payable & Accounts Receivable ?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
recently release the 6.0 version not succede in the market why?
Explain valuation methods of Normal and Abnormal loss
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
Expand----------SAMC
