Golden rules of accounting
- 369 Answers
- 644633 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / abhilash
Personal :Debit the Receiver
Credit the Giver
Real :Debit What comes in
Credit What Goes Out
Nominal :Debit All Expenses & Losses
Credit All Incomes & Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / geetanjali
REAL A/C WHAT COMES IN DEBIT
WHAT GOES IN CREDIT
NOMINAL A/C ALL EXPENDITURE AND LOSS IN DEBIT
ALL INCOMES AND GAINS IN CREDIT
PERSONAL A/C DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ritesh roy
PERSONAL A/C - Debit the receiver & credit the giver.
REAL A/C - Debit what comes & credit what goes out.
NOMINAL A/C - Debit all expenses & credit All Income And Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sabiulah
personal A/c :debit the receiver
credit the giver
real A/c :debit what comes in
credit what goes out
nominal A/ : debit all expenditure and losses
credit all income and revenue
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bismaya dhal
Real A/c : Debit what comes in.
Credit what goes out.
Personal A/c : Debit the receiver.
Credit the giver.
Nominal A/c : Debit Expenses & Losses.
Credit Income & Gains/Revenues.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nikita shah
REAL A/C : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL A/C :DEBIT ALL EXPENSES & LOSES
CREDIT ALL PROFITS & GAIN
PERSONAL A/C :DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / chinni
PERSONAL a/C: DEBIT THE RECEIVER
CREDIT THE GIVER
REAL a/C: WHAT COMES IN DEBIT
WHAT GOES OUT CREDIT
NOMINAL a/C: ALL EXPENSES AND LOSSES ARE DEBIT
ALL INCOMES AND GAINS ARE CREDIT
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / md nadim khan
GOLDEN RULES OF AUUOUNTING
REAL A/C:-DEBIT WHAT COME IN
CREDIT WHAT GOES OUT
PERSONAL A/C:-DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL A/C:-DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ravindra
Personal A/c : Debit the receiver
Credit the giver
Real A/c : Debit what comes in
Credit what goes out
Nominal A/c : Debit Loss and Expense
Credit Profit and Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / pradip s
PERSONAL A/C DEBIT THE RECEIVER,CREDIT THE GIVER.
REAL A/C DEBIT WHAT COMES IN,CREDIT WHATS GOES OUT.
NOMINAL A/C DEBIT ALL EXPENSES AND LOSSES,CREDIT ALL INCOMES
AND GAINS.
| Is This Answer Correct ? | 0 Yes | 0 No |
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
please give me a last 10 years sbi clerk question and answer paper
what is meant by cash inflow and outflow and differences
Expand-------IETF
What do you mean by the working-capital of an organization??? How is it calculated????? Also Define the importance of liquidity ratio along with its formula.
5 Answers BA Continnum Solutions,
what do u mean by preliminary expenditure? what r they? where it is comes?
what is bank reconcilations statement
what is mutualfund?
20 Answers Emaar, Franklin Templeton, SEBI,
which are coming under direct exp
a account has debit balence.what is the meaning?
15 Answers Genpact, HSBC, State Bank Of India SBI,
What is Mortgage & Mortgage loan
15 Answers First Indian Corporation, Wells Fargo,
when is real ,nominal, & personal a/c's used
Audit 
