Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / shravanthi
Personal account-Debit the receiver
Credit the giver
Real account-----Debit what comes in
credit what goes out
Nominal account----Debit all expences & losses
credit all incomes & gains
| Is This Answer Correct ? | 11 Yes | 0 No |
Post New Answer View All Answers
Hi Everybody, Can anybody tell me how to create ledger in Peachtree Accounting software, means there are some Code, which Codes Comes under which ledger Account.your prompt Answer will be highly appreciated, Thanks & regards, Khan
Explain what is involved in the process of double-entry accounting?
Journalize the Following: 1. The following were purchased on account: a. Materials $ 10,000 b. Office supplies $ 2,000 c. Small tools $ 1,000
Can a company deduct TDS & provide TDS certificate for a bill without actually making payment towards the same??
What are the differences between accounting and auditing?
What is the diffrent job&project accounting?
What is band and why the company needs this?
Compare financial accounting and cost accounting.
what is the enty for contract bill raised?
what type account are below Debentures Bank overdraft
in tally ,professional fees head will come under which income group ,direct or indirect if the business of owner is designing work or related to creativity
How do you handle rejection?
What is the acceptable accounting procedure when an error is detected in a general ledger account? Explain why such a procedure is followed?
How to show Airticket Expense on Company's A/c as Company expense
have you ever been involved in an invoice dispute? How did you manage the problem?
