accounting - Nowgong College
We shall dso discuss the basic concepts which are to be observed at the recording stage and explain tlie principle of double entry i.e,, the rules of debit and ...
CHAPTER 1: INTRODUCTION TO BOOK KEEPING - Heramb Classes44) CONTRA ENTRY: Contra Entry means the entry which is made on both the sides of the three column cash book. 45) CHEQUE: A Cheque is an ... STUDY NOTES FUNDAMENTALS OF ACCOUNTING - ICMAIDouble entry principle means writing twice the same entry (FALSE). 7. Credit means increase in liability and decrease in asset (TRUE). 8 ... Accounting Entries User Manual Release 5.0.2.0.0 Part No E52129-01Global Assumption. Note: All dates in DD/MM/YYYY. If the transaction branch and the account branch are the same, no Inter branch entries ...
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