Answer / padmawathi

THERE ARE THREE
1) .PERSONAL a/C :- DEBIT THE RECEIVER.
CREDIT THE GIVER.

2).REAL a/c :- DEBIT WHAT COMES IN.
CREDIT WHAT GOES OUT.


3).NOMINAL a/c :- DEBIT ALL LOSSES AND EXPENCES.
CREDIT ALL GAINES AND INCOMES.

Answer / rani

personal a/c-capital
persons
bank
company e.t.c
nominal a/c-wages
telephone bill
interest
discount e.t.c
real a/c-cash
bulding
furniture
bills

Answer / anubhav beniwal

Accounting Principles are:

Personal Account: Debit the Receiver and
Credit the Giver.

Real Account: Debit what Comes In and
Credit what Goes Out.

Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes

Answer / lovely

Persnol A/c
debit the receiver and the cerdit the giver
Real A/c
debit what comes in and cerdit what goes out
nominal A/c
debit all expenses and losses and cerdit all incomes and
revenues

Answer / anubhav

Accounting Principles are:

Personal Account: Debit the Receiver and
Credit the Giver.
eg. Bank a/c, Capital a/c, Outstanding Expenses/ Incomes.
Property /Real Account: Debit what Comes In and
Credit what Goes Out.
eg. Purchase a/c, B/R a/c, Patent a/c, Cash a/c.
Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes
eg. Salary a/c,Stationery a/c,Depreciation a/c,Interest a/c.

Answer / m ramu

there are 3 types of accounting principals
1. personnel accoumt:- debit the receiver and credit the
giver,
2. real account:- debit what comes in and credit what goes
out.
3. nominal account:- debit all expenses and losses and
credit all gains and incomes

Answer / naveen agarwal

THERE ARE 3 ACCOUNTING PRINCIPLES
1 PERSONAL ACCOUNT
DEBIT THE RECEIVER
CREDIT THE GIVER
2 REAL ACCOUNT
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
3 NOMINAL ACCOUNT
DEBIT ALL EXEPENSES
CREDIT ALL INCOMES

Answer / shalini

accounting principles are as follows:

Personnel account: Debit what comes in,
Credit what goes out..

Real account: Debit the receiver,
Credit the giver..

Nominal account: Debit all expenses and losses,
Credit all gains and incomes..

Answer / ashish

. personnel accoumt:- debit the receiver and credit the
giver,
2. real account:- debit what comes in and credit what goes
out.
3. nominal account:- debit all expenses and losses and
credit all gains and incomes

Answer / sbonelo

debit expences and credit income
asset increase on debit decrease on credit
norminal account increase on credit and decrease on debit

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