Answer / b. mohamed hanifa

REAL A/C :DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER

NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAINS

Answer / padmini

Personal A/c: DEBIT THE RECEIVER
CREDIT THE GIVER
Real A/c: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
Nominal A/c: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

Answer / navpreet kaur dhillon

REAL A/C: DR:WHAT GOES OUT
CR:WHAT COMES IN
PERSONAL A/C:DEBIT THE GIVER
CREDIT THE RECIEVER
NOMINAL A/C: DEBIT ALL EXPENCES & LOSSES
CREDIT ALL INCOME & GAIN

I WANT TO ASK ALL THAT IF DEBIT MEANS WHAT COMES IN THEN
HOW CAN IT BECOME EXPENSES & LOSSES IN NOMINAL A/C. PLEASE
JUST CORRECT ME BECAUSE I AM A NEW LEARNER

Answer / b.hanifa

REAL A/C :DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER

NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAIN

Answer / shafi 9760366175

Personal A/c:Debit the receiver
Credit the giver
Real A/c: Debit what comes in
Credit what goes out
Nominal A/c:debit all expences and losses
Credit all incomes and gains

Answer / babul kumar singh

Accounting is mainly classified under three categories
which are below,and For each and every transaction
there will be two aspects,ie,. Debit and credit.

Nominal Accounting: Debit all Expenses and Losses
Credit all Incomes and Gains
(Its related to incomes and expenditure (both Direct &
Indirect))

Personal Accounting: Debit the Receiver
Credit the Giver
(Its is related to person, firm etc....................)



Real Accounting: Debit What comes in
Credit what goes out.
(Its related to goods, cash etc.......................)

Answer / p. dhanasekar

Real Account
Personal Account
Nominal Account
Representative Personal Account
Valuation Accounting

Answer / macchindra sambhaji kadlag

Personal A/c-
Debit the receiver
Credit the giver

Real A/c-
Debit what comes in
Credit what goes out

Nominal A/c-
Debit all expences and losses
Credit all incomes and gains

Answer / valli r

Personal A/c: Debit the receiver
Credit the Giver

Real A/C : Dr. What come in
Cr. What goes out

Nominal A/C : Dr. All expense & loss
Cr. All incomes & gains

Answer / senthamil kumaran

Personal Account: Debit the receiver
credit the giver

Nominal Account : Debit all expenses and losses
credit all incomes and gains

Real Account : what comes in Debit
what goes out credit

hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc

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Expand-------URM

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fill in the Blanks Working Capital is current Assets__________________

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Expand W C T

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What will be the entry for transfer of fixed deposit amount to their current a/c. (ie. if we hav a FD of Rs.600000 with the bank, we need to close the FD and transfer the amount to the current Account. kindly provide me the entry for this.

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Define depreciation

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what do you mean by debt equity ratio?

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