Why Capital is Posted in the credit side? Concept of it
briefly .
Answer Posted / nadhiya
Debit the receiver. Credit the giver. So this rules
applicable for Capital A/c. Capital received from owner so
capital a/c is Cr.
| Is This Answer Correct ? | 2 Yes | 2 No |
Post New Answer View All Answers
Cheque Received From Customer What is accounting entry and in which vocher. coustomer order is 100 items . 5 items given to customer cost rs 2000 5 items Total 2000 and remaing 95 items not deliveried 100000 Cheque Received
What is the difference between General Ledger and Ledger?
what is one way , two way matching , three way , four way matching ?
What are the steps involved in project implementation?
Hi sir, Our appointed one agent for sales promotion activities. This agent doing the job "canvas of our product". My quires 1)it is eligible for service tax and how to accounted. 2) this transaction is direct expenses or direct expenses? Pl suggest me
Please explain what do you do to increase revenues? What are your tactics, techniques, and sales methods?
Scope and nature of Accounting
What is the entry to be passed on receiving the tds certificate in the books of the deductee?
what will be the possible question for an interview in account post as a fresher
Define partitioning in accounting?
What is liabilities and what all does include in current liabilities?
rate of vat on gold purchase local & o.m.s. & rate of % in sale local & o.m.s.
What is the general entry for charge on bank overdraft
Tell us depreciation and its types?
What are the activities that are included in the cash flow statement?