In case of personal accounts the receiver is A. Debit B. Credit C. Both D. Balance entered in voucher?

Question added by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC
Date Posted: 2016/01/23

Upvote (1) Views (9) Followers (6) Answers (4) Report Question

by wafaa ramadan , customer service , The National Bank Of Egypt

debit ..............................

by Yasser Fathy Morsy , Accounting Manager , Flex Egypt

The answer is (A) - DEBIT as beneficiary

by FITAH MOHAMED , Financial Manager , FUEL AND ENERGY CO for transportion petroleum materials

A. Debit >>>>>>>>>>>>>>>>>>>>

by georgei assi , مدير حسابات , المجموعة السورية

The correct answer to answer a first

Mention whether the account “Cash” will be credited or debited, when a company pays a bill?
Top Answer: Thanks for inviting: Cash will be credited. The rule of real account applies Dr. what comes in Cr. What g ... See More

Answers (19)
Accounts Receivable turnover ration will normally decrease as a result of?
Top Answer: Accounts payable turnover shows how many times a company pays off its accounts payable during a period. A ... See More

Answers (5)
The following information relates to XYZ Co.’s accounts receivable for the year just ended:
Top Answer: Accounts Receivable: + Opening Balance: $ 6,50,000 + Credit Sales: $27,00,000 - Sales Returns: ... See More

Answers (8)
Which of the following audit procedures will best uncover an understatement of sales and accounts receivables?
Top Answer: Option A is correct. Test a samples of sales transactions, selecting the samples from pre numbered shippi ... See More

Answers (10)

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.