What are the 3 Basic Rules in Accounting.
- 167 Answers
- 563880 Views
- AAA, ABC, Accenture, Amba Research, Birla Sun Life, CTS, CWDF, DELL, Franklin Templeton, iGate, IHP, JPMorgan Chase, Lexi Pens, Mastek, Trinity Technologies, VC Engineering, I also Faced
- E-Mail Answers
Answer Posted / wampula felix
1 When capital increases it is credited
2 When liability increases it is credited
3 When asset increases it is debited
| Is This Answer Correct ? | 3 Yes | 1 No |
Post New Answer View All Answers
Ledger Is The Principle Book Of Accounts In Business. Do You Agree For It. Comment On Your Confirmation?
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
During Cutover Activities of New SAP Implementing Company what we have upload for Closed Fiscal year (that means Legasy to SAP ) Balance sheet or Trial Balance , What is the difference of the Both?
Define The Term Journal And Explain The Present Day Use?
what is Journal Entries?
What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations
why the closing stock is not considered in drawing trail balance.... Are there any other items like the above
can i have practical examples of AS-30
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
Hello every one i'm going to interview for as an account profile company is construction works so plz guys help me about furthering interview question
what are the difference between banking institutions and financial institutions?
What do mean by Computerization of accounts
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
What is the due date for filing monthly & annual sales tax returns in karanataka
What Are The Characteristics Of Modern Accounting?
