Interested to Buy Any Domain ? << Click Here >> for more details...
what is meant by debit and credit
- 22 Answers
- 45631 Views
- DELL, i Tech, IBM, Wipro, I also Faced
- E-Mail Answers
Answer Posted / vamshi m
receiving aspect or incoming aspect comes under debit aspect
giving aspect or outgoing aspect comes under credit aspect
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand----------CMST
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
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
For what purpose ERS is used for?
Lets suppose X sold goods to Y on credit basis and after the due date is over Y could not make the payment due to Y became insolvent, so In X books he will show the uncollectible as Bad debts expense but in Y account under which account Y will show this while journalizing this transaction in his books of accounts?
Define the word Profit in terms of business
What Are The Characteristics Of Modern Accounting?
what is duties and responsibilities for clark working in sbi
what is mean by T and E cosept
intorduse your self ? what to say if iam fresher.
Which Exchange determine Foreign Exchange/Currency Rate?
what is transposition-cum-demat?
What is Risk Assessment?
WHAT IS PROSPECTUS?
what is cc limit and what role accountant play to maintain it?
