Answer Posted / sankar

Real account :Debit what comes in
Credit what goes out


Personal Account :Debit the receiver
Credit the giver

Nominal Account :Debit all expenses & Losses
Credit all Income & gains

why cost center is assign to gl account in sap

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Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.

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Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?

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