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Debit / Credit

 
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Debit / Credit
the_farhan
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#8
04-15-2005, 06:52 AM
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dear mr. bilal, if i m correct, balance sheets donot show accounts in debit/credit form. bal sheets r just in list-down form.

by contra entries, i meant those accounts tht reduce the balance of aforementioned five categories of accounts (assets, liability, capital, revenue, n expenses). any account tht is not a part of these five categories, n reduces the balance of these (except for expense n liabilities accounts) is called contra account bcoz it lowers our strengths of assets, or revenues or equity. but accou8nts or other sources tht reduce amounts of expenses or liability r always welcomed, so they r not contra accounts.

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FARHAN

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Messages In This Thread
Debit / Credit - by bilal azhar - 04-05-2005, 06:30 AM
[No subject] - by Desert Sleet - 04-05-2005, 07:15 AM
[No subject] - by bilal azhar - 04-05-2005, 08:40 AM
[No subject] - by Mahtab - 04-05-2005, 10:16 PM
[No subject] - by Sahar_M - 04-12-2005, 04:52 AM
[No subject] - by the_farhan - 04-13-2005, 03:57 PM
[No subject] - by bilal azhar - 04-14-2005, 08:47 AM
[No subject] - by the_farhan - 04-15-2005, 06:52 AM
[No subject] - by Mahtab - 04-19-2005, 07:47 PM
[No subject] - by Shahid_fss - 04-19-2005, 11:29 PM
[No subject] - by mattis - 05-02-2005, 01:57 PM
[No subject] - by fahim239 - 05-03-2005, 05:04 AM
[No subject] - by fahim239 - 05-03-2005, 05:07 AM
[No subject] - by bilal azhar - 05-04-2005, 07:31 AM
[No subject] - by Mahtab - 05-30-2005, 06:50 PM
[No subject] - by Moon - 09-22-2005, 03:35 PM
[No subject] - by Mahtab - 09-30-2005, 09:13 PM
[No subject] - by ibrishah - 09-30-2005, 09:56 PM
[No subject] - by Moon - 10-04-2005, 05:57 PM
[No subject] - by Griff - 10-20-2005, 11:50 AM
[No subject] - by accountant1 - 10-28-2005, 02:51 AM
[No subject] - by MaFiA - 11-17-2005, 05:44 PM
[No subject] - by RaoZub - 05-25-2011, 04:17 PM
[No subject] - by RaoZub - 05-25-2011, 04:41 PM
[No subject] - by RaoZub - 05-25-2011, 04:45 PM
[No subject] - by danishayub_76 - 05-28-2011, 01:45 PM

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