Basic Accounting Terms
Basic Accounting Terms: 1) Capital : The amount which is invested by the proprietor in a business is called capital. In other words, I...Read More
Showing posts with label Debit. Show all posts
Showing posts with label Debit. Show all posts
Golden Rules of Debit and Credit
Introduction: Debits and credits are the opposing sides of an accounting journal entry. They are used to change the ending balances in...Read More
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Define dishonor of cheque. What are the different reasons for the dishonor of cheque? Ans: Dishonor of cheque refers to the rejection of c... -
Q1) What is foreign trade? What are the procedures of foreign trade? Explain. Ans: The process of purchase and sales of goods and servic... -
Introduction: What is Bank? The term Bank is originated from the Italian word 'Banco' which means a bench. The term 'Ban...
