Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / mk reddy
there are 3 types of account.such as
1.personnel account:-debit is the receiver and credit is the giver.
2.real account:-what come's in debit, and what goes out credit.
3.nominal account:-all expenses&losses debit,,and all incomes & gains are credit.
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is payment/receipt/period accruals?
Expand---------MDOT
Received credit note for Rs 3500 towards transport charges on the goods supplied from Vinod traders. The transport charges were already paid at the time of delivery. Pass entries at the time of payment of transport and for credit note
Expand---------ODMT
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
What Kind Of Requirements for Vat Refund And Assessment Cases
Clasify capital
what is the difference between Tally ERP and SAP FI ECC?
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
what happens to each of the three primary financial statements when capital expenditures decrease?
Expand--------TAO
business sepsarate entity concepts
what is balancesheet adjustment a/c. what is the use of this a/c in sap fico
What are the rates of Depreciation? Like machinery items, wooden items?
If in a PO, the freight condition is mentioned as Air freight and the material is actually received by Road, how does the system check before making the necessary accounting entries?
