Hey 11th Class Students:
Do you know the journal entry of this transaction:
Electric meter & water meter installed
R you going to expense it off or capitalized it?
Classes by Sachin Sharma
Here at Classes by Sachin Sharma, we help you in becoming Extra-Ordinary in your subjects in the least time. I also solve doubts of my students via.
With more than 6 years of experience with a professional degree of CMA, I provide Home Tuitions and Group Tuitions. My subjects are Accountancy, Cost Accountancy, Management Accounting and Financial Management. My Methodology
I start with concepts and once you know concepts well, I start with the questions. I prepare my assignments myself covering exam papers relevant to the field of study and fr
I have seen people (even qualified one) getting confused on this 11th class journal entry: bad debts recovered.
R you on the list too??
For Class 11th Students(and others too) who have a hard time while doing journal entries:
Remember this:
Asset (If increasing -Debit) and (If decreasing- Credit)
Liability : Reverse of Asset
Expense: always debit
Income: always Credit.
Follow these and forget about the so called Golden rules of accountancy.
08/10/2013
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My Second testimonial: Class 12th
"It is hereby acknowledged that Mr. Sachin Sharma is a thorough professional in the field of accountancy and a very competent tutor. His coaching classes enabled my child to perform well in board exams. I wish him success in all future endeavours."
by J. S. Kanwar
NHPC Society, Sector 22, Dwarka
Thank you Sir
My First testimonial:Class 12th
"Sachin Sir taught my daughter in the last 2 months. In these 2 months, he has put in all his efforts to build her interest in accounts and make her work on it. He has worked really hard on her and has done a great job. Thanks to Sachin Sharma Sir. His classes were a life saver for my daughter. I am extremely satisfied with his teaching style and glad to see his dedicated nature. Now we are expecting upto 90% marks in her accounts board. "
by Mr RN GOYAL, Kailash Apartment, Sector 4 , Dwarka
Thank you Sir
18/03/2013
http://classesbysachinsharma.com/
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