Answer Posted / yalka

personal account : debit the giver
credit the receiver

real account : debit what comes in
credit what goes out


nominal account : debit all expenses and loss
credit all income and gains

Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet

2035

---

what you mean by cross dunning

2198

---

HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI

2136

---

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?

1845

---

What is intangiable asset?Which contents are to be verified during cheking the Transporters' bills?

2138

---

Exapnd--------RAN

2191

---

what is the subprime?explain it.

2197

---

what is budgetory control and what are the types

2382

---

What are Mortgage Payment Problems?

1913

---

Prepare a trial balance from the following :- Particulars Amount Particulars Amount Rs. Rs. Purchases 8225 Premium on lease 1200 Wages 1025 Loan on mortgage 2500 Sales 12450 Plant & machinery 2000 Arun's capital 13500 Provisn for doubtful debts 300 Stock on 1/1/98 1500 Sundry debtors 16550 Salary 410 Trade charges 200 Rent & taxes 162 Bad debts 200 Sundry creditors 2572

2362

---

how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic

2049

---

You use the accounts approach for parallel valuation in a new G/L system. If you used the ledger approach instead. Which objects would be different? ( any 3 answer) Chart of accounts Financial statement version Depreciation areas Asset classes Leading ledger

3332

---

What is difference between cash flow and funds flow?

2247

---

Which entry we pass self entry like cash withdraw for ourself

1579

---

Expand DPCO

2084

---