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it is debited to Trading A/cas carriage inward here rule debit what comes in credit what goes out applies
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Where does drawings go in the cash book?
debited side
Why is return inward in debit side of trial balance?
Because when someone returns goods we hv more stock, hence we debit it in the trial balance, note that it is taken away from sales in the p & l just as expenses are debited in the trial balance and taken away in the p & l
Double entry on accounts receivable?
As an asset account, the accounts receivable (Sales Ledger Control) build up the debit side. So: First off, sales are credited the amount then the receivable account is debited the same amount. Once payment has been made then accounts receivable is credited and the bank is debited.
Is return inward a current asset?
No, return inwards is not a current asset. It is sales returns and comes on the debit side of profit and loss account. otherwise, lessened from the sales on credit side
Where is inventory on a balance sheet?
Inventory is normally used within one fiscal year that is why it is current asset of business and shown in asset side of balance sheet.
What is the difference between carriage inwards and carriage outwards?
Carriage Inward Including when Raw Material Import/Purchase from other side to Factory or Production house on that time use Carriage inward ( Use Trading A/c) Carriage Outward when
Where does drawings go in the cash book?
debited side
Why is return inward in debit side of trial balance?
Because when someone returns goods we hv more stock, hence we debit it in the trial balance, note that it is taken away from sales in the p & l just as expenses are debited in the trial balance and taken away in the p & l
How do you draw concave lens?
The shape of a concave lens is such that the middle part is thinner than the edge. If one side of the lens is flat, then the other side will be shaped inward like a cave, kind of like this: [( You can also have a concave lens where both sides are shaped inward, like this: )( You can even have a concave lens where one side is shaped outward, and the other side is shaped inward, as long as the inward-shaped side is more dramatic than the outward-shaped side.
What initial was on Cinderella's Carriage?
The letter "C" appears on the side of Cinderella's carraige.
What means the arm moves inward and toward the side of the body?
When the arms moves inward and toward the side of the body refers to a condition called adduction. The arms and legs can do this at any point and turn inward towards the mid line of the body.
Where is the fuel filter on1997 Ford Thunderbird?
passenger side under carriage against the rail
What does a solid white line at side of a single carriage way indicate?
The edge of the paved roadway.
Where does carriage inwards due go in the balance sheet?
debit side of the Trading and Profit & loss Account
What is the outer part of a ship's hull where the vertical side curves inward to form the bottom?
It is called the bilge.
What is the cylinder number setup for a 1998 F250 58 L engine which side is odd or even looking from the front inward?
the passenger side is odd...
Why a person with an esophoria perceives against motion during the cover test?
With esoph. the front or corneal side of the eyeball is inward therefore the back or retinal side is outward....when the eye is uncovered and takes up fixation the front/corneal side moves outward and the back/retinal side moves inward creating the perception of the retinal image moving in the opposite direction of the cover.
