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Ground Rules of Journalisation
The following ground rules should be followed in recording the elements of transactions in journals:
- Increase in assets and decrease in liabilities (also equity) = Debit
- Decrease in assets and increase in liabilities (also equity) = Credit
- Expenses and losses = Debit
- Income and gains = Credit
What else can I help you with?
What are 'ground rules'?
Ground rules are any particular rules that apply to a stadium or ball park. Do to different dimensions in ball parks there are different rules at each field as to when a ball is out of play.
What do ground rules achieve?
the creation of more ground to cover....
What did to break new ground mean in ww1?
To break ground rules
What are the release dates for Better Days - 1986 Ground Rules 1-7?
Better Days - 1986 Ground Rules 1-7 was released on:USA: 1986Better Days - 1986 Ground Rules - 1.7 was released on:USA: 1986
What are the rules of the jamaican flag?
The rules are 1The flag is never to touch the floor or ground
Why do durians fall to the ground when it is ripe?
Newtons rules.
What are the release dates for On Common Ground - 1999 Rules of the Game 1-8?
On Common Ground - 1999 Rules of the Game 1-8 was released on: USA: 1999
Which conflict resolution steps are in the right order?
calm down,set ground rules,talk it out,listen (APEX) :)
What is ground rules in all sports?
Dont tackle people.
What type rules did Aztecs have?
One of their rules was that if the emperor was out everyone had to look down at the ground, and lay out their cloaks for the emperor to walk over.
What is the theme in the fighting ground?
The theme of the Fighting Ground is to follow the rules or else you might make mistakes. Or at least that's what I think>.
How do you use establish?
We had to establish some ground rules before we did anything else.
