Latest Answer : In banks point of view debit is a withdrawal and credit is a deposit made by the customer. Pass book is a statement of transactions made by you with the bank, which is just equal to your account in their books. ...
Latest Answer : Here we can follow the basic rule of accounting Debit the receiver, Credit the Giver ...
What is the Debit Balance recovery? How we can recover if we wont have any future transactions from supplier?
Alex has noticed a problem with the balance showing in the Notes payable account, according to a statement sent by the Bank the notes in question has a remaining balance 75,000.00 while the G/L shows a
Latest Answer : debit intrest and credit notes payable ...
Latest Answer : cash book in credit side bank side like debit side ...
How to recover an accounts payable with debit balance?