IF ASSETS ARE GOOD,WHY ON DEBIT SIDE OF B/SHEET

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IF ASSETS ARE GOOD,WHY ON DEBIT SIDE OF B/SHEET

Muhammad Ahmad
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#7

06-24-2006, 10:03 PM

wellll...the problem is that, as i understand, while defining debit we say," the left hand side of an account", and in this way the GOOD (Assets) should not be on dr side.
The only reason may be that the person who made thoese rules for Dr or CR was not muslim...........Kaun Mr. CRAFT? I must be right,if you were nt Kidding!

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IF ASSETS ARE GOOD,WHY ON DEBIT SIDE OF B/SHEET - by craft - 06-19-2006, 08:11 PM

[No subject] - by accountant1 - 06-19-2006, 09:24 PM

[No subject] - by maani - 06-19-2006, 11:38 PM

[No subject] - by Schuaeb - 06-20-2006, 01:54 AM

[No subject] - by maani - 06-20-2006, 05:48 AM

[No subject] - by Schuaeb - 06-24-2006, 03:34 AM

[No subject] - by Muhammad Ahmad - 06-24-2006, 10:03 PM

[No subject] - by Syed Abdul Rehman - 06-27-2006, 07:56 PM

[No subject] - by Syed Abdul Rehman - 06-28-2006, 07:55 PM

[No subject] - by Syed Abdul Rehman - 06-29-2006, 01:07 AM

[No subject] - by Schuaeb - 07-07-2006, 04:06 AM

[No subject] - by Syed Abdul Rehman - 07-07-2006, 04:55 AM

[No subject] - by Schuaeb - 07-08-2006, 03:01 AM