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Golden rules of accounting..

Answer / mehdi abbas

Answer is answer

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Golden rules of accounting..

Answer / shravan

there mainly three golden rules in accounting
personal a/c
real a/c
nominal a/c

per......... debit the receiver
credit the giver

real.........debit whats comes in
credit whats go out

nomi.........debit all expenses and losses
credit all incomes and gains

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Golden rules of accounting..

Answer / haider eqbal

Personal account:Debit what comes in, Credit what goes out.
Real account :Debit the reciever while Credit the giver.
Nominal account :Debit all expences and losses, Credit all
incomes and gains.

Is This Answer Correct ?    1 Yes 1 No

Golden rules of accounting..

Answer / praveen

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

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Golden rules of accounting..

Answer / jewel

The golden rules of accounting is debit and credit. It means
as per accounting rules & regulation what says.

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Golden rules of accounting..

Answer / jewel

the golden rules of accounting is debit & credit. It mean as
per international rules & regulation what can say.

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Golden rules of accounting..

Answer / safil

DEBIT CREDIT

PERSONAL A/C : 1) A PERSON BECOMES OUR 1)A PERSON BECOMES OUR
DEBTOR CREDITOR
2) WHEN A PERSON CESES 2)WHEN A PERSON CESES
TO BE OUR CREDITOR TO BE OUR DEBTOR

REAL A/C : 3) WHAT COMES IN 3) WHAT GOES OUT

NOMINAL A/C : 4) EXPENSES & LOSES 4) INCOME & GAIN

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Golden rules of accounting..

Answer / vikas.hs

REAL ACCOUNTS - DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PERSONAL ACCOUNTS - DEBIT THE RECEIVER
CREDIT THE GIVER

NOMINAL ACCOUNTS - DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

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Golden rules of accounting..

Answer / hamza arif

PERSONAL ACCOUNT:DEBIT THE RECIEVER
CREDIT THE GIVER

REAL ACCOUNT: DEBIT WHTS COME IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNT: DEBIT ALL EXPENSES AND LOSES
CREDIT ALL INCOMES AND GAIN

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Golden rules of accounting..

Answer / kishor k

REAL ACCOUNT :
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNT :
DEBIT ALL EXPENCES AND LOSES
CREDIT ALL INCOME AND REVENUE

PERSONAL ACCOUNT :
DEBIT THE RECEVIER
CREDIT THE GIVER

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What is the definition of LOSS. Give the formula if any.

0 Answers  


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