Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / amit kumar
1.DEBIT ALL EXPENSES LOSSES CRRDIT ALL GAINS AND PROFIT
2.DEBIT WHATS COMES IN CREDIT WHATS GOES OUT
3.DEBIT THE RECEIVED CREDIT THE GIVER
| Is This Answer Correct ? | 3 Yes | 0 No |
Post New Answer View All Answers
Explain what is involved in the process of double-entry accounting?
lic (life insurance corporation)how much he or she as to deduct income tax on his gross annual salary. please give with examples
Do you know what is the importance of team work in this position?
Do you know any other accounting application?
what is the journal entry for gas connection taken by company for preparing tea and coffee.
Cello pen gross value is 935.89 for 12 nos 14.5% tax
1. The following data is available. Determine the Break Even point in Sales: Sales : $1,800,000/- Fixed Expenses : $ 375,000/- Variable Expenses : $ 1,200,000/-
how many types of currencies are there in oracle r12
One car company raised an invoice of 30k to its customer, which includes car's price and one year service price of 1600 (cost). They work on 25% margin. How much amount will go to Income statement and B/S?
How to calculate Term Loan interest and the double entry for Term Loan ? What difference between hire purchase and term loan ??
What are the accounting entries for branch accounts?
Tell me what is the abbreviation for the accounting terms debit and credit?
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
Do you know what is liabilities and what all does include in current liabilities?
For example for formation of a new company/offshore company you need to show paid up capital of 100K but you don't have 100K you as a director borrow loan of 100K from 3rd party and deposit in the bank as paid up capital and issued shares of 100K in director name. After one week you return back 3rd part loan. What are the entries in the books?
