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  • 3 answers

Yogita Ingle 3 hours ago

  • A debit is an accounting entry that either increases an asset or expense account. Or decreases a liability or equity account. It is positioned on the left in an accounting entry.
  • A credit is an accounting entry that increases either a liability or equity account. Or decreases an asset or expense account. It is positioned on the right in an accounting entry.

Sahil Singh 23 hours ago


Nancy Dewangan 1 day, 2 hours ago

Credit is the right side of an account. Debit is the left side of an account
  • 5 answers

Sahil Singh 2 days, 1 hour ago

What r u doing n u also belong from Haryana

♥Sona ♥... 2 days, 1 hour ago

Yuup i know u

♥Sona ♥... 2 days, 1 hour ago


Sahil Singh 2 days, 1 hour ago

U know me

Sahil Singh 2 days, 1 hour ago

Don't know
  • 4 answers

Manisha Dhibar 1 day, 10 hours ago

Generally Accepted Accounting Principles
Koi na

Saloni.. 🧚‍♂️💔 2 days, 5 hours ago

Generally Accepted Accounting principles...sorry accounting likhna yaad nhi rha..😔

Saloni.. 🧚‍♂️💔 2 days, 5 hours ago

GAAP- Generally Accepted Principles...🙂
  • 3 answers

Manisha Dhibar 2 days, 11 hours ago


Payal Jain 4 days, 11 hours ago


Gaurav Seth 4 days, 11 hours ago

Understandability is the concept that financial information should be presented so that a reader can easily comprehend it. 

Adherence to a reasonable level of understandability would prevent an organization from deliberately confusing financial information in order to mislead users of its financial statements.

  • 1 answers

Meghna Thapar 1 week ago

Journal proper is book of original entry (simple journal) in which miscellaneous credit transactions which do not fit in any other books are recorded. It is also called miscellaneous journal. The form and procedure for maintaining this journal is the same that of simple journal. Books with original entries used for miscellaneous credit transactions that do not fit into other recorded books. The journal is maintained like a simple journal to record opening entries, closing entries, transfer entries, adjustment entries, rectification entries, and rare transactions.

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  • 2 answers

Yogita Ingle 1 week, 2 days ago



It is the original book

It is the book of final entry

It is the book for chronological order entry

It is the book for analytical record entry

It is the book of source entry which has greater legal evidence

It has lesser legal evidence

Transaction is the basis of classification of data within the journal

Account is the basis of classification of data within the ledger

Rohit Mourya 1 week, 2 days ago


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