what is Dual Accounting

Answer Posted / husna

Dual Accounting is a double entry system,wherein both debit
and credit aspect of a transaction is recorded.Each
transaction has equivalent debit and credit ledger.

Is This Answer Correct ?    35 Yes 3 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand-------BANT

1693


explain sales/purchase accounting?

1753


Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

1596


Expand ________FIPB

1636


what is the nature of bill receivable and consignmenta/c

1991






Whether construction of office cum storage comes under CMA under Agriculture or Non Farm Sector

1213


INTE3RNATIONAL ACCOUNTING STD

1791


How do you manage the sales account in tally

1578


Harpithas due Rs 55000 was settled infull by taking Haris due Rs 12500 in adjustment Pass necessary entry

1619


Expand ________FOR

1723


What are the question asked for accounts associate

493


Prepare a trading account, profit and loss Account and Balance sheet form the following trail balance and other adjustments as on 31.12.2009 Adjustments: 1. Closing stock R 7060 2. Allow interest on capital at 6% p.a 3. Insurance prepaid Rs 60 4. Depreciate Building and furniture at 10% p.a. 5. Wages due Rs 40 6. Provide 10% RBD and 5% on debtors and creditors 4. From

1982


define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09

1722


what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form

3601


what is data entry? what is report generation ?in accounting how it is used .

1833