Answer / neeraj dhawan

personal account- debit what comes in
credit what goes out like supplier,customer,service provider.


REAL ACCOUNT -DEBIT THE RECEIVER
CREDIT THE GIVEN LIKE. ASSEST &LIABILITIES


NOMIAL ACCOUNT -DEBIT ALL EXPENCES &LOSSES
CREDIT ALL INCOME&GAIN LIKE, PROFIT &LOSSS
ACCOUNT

Answer / preeti tyagi

1)Debit what comes in
credit what goes out
2)Debit the receiver
credit the giver
3)Debit all expensess and losses
credit all incomes and gains

Answer / goutam kumar

1. PERSONAL ACCOUNT
Debit the receiver
Credit the giver
2. REAL ACCOUNT
What comes in debit
What goes out credit
3. NOMINAL ACCOUNT
All expenses and loses debit
All incomes and gains credit

Answer / a.deepa

real account:what comes in debit and what goes out in credit
nominal account:in debit all expenses&losses and credit all
incomes and gains
personal accounts:debit is the reciver and credit is the giver

Answer / kimchhorn

#1 is 1
#2 is 3
#3 is 3
#4 is 1
#5 is 3
#6 is 2
#7 is 1
#8 is 2
#9 is 2
#10 is 2

Answer / jyothi k

personal A/c
Debit the giver
credit the recever

Real A/c
debit what come in
credit what goes out

Nominal A/c
debit all expenses are losses
credit all incomes are gains

Answer / kislay

There are three basic rules in
accounting
Real Account: what comes in--Dr
what goes out-----Cr
Personal Account:the receiver--
Dr
the giver--------Cr
Nominal Account: All expenses
and losses--Dr
All income and gains-------Cr

Answer / ashish

PERSONAL ACCOUNT
Receiver to debit
Credit to giver.


REAL ACCOUNT
 Ccomplete all real a/c as fixed assets which is a real nature are included debit what comes in and whatever goes credited


NORMAL ACCOUNT
Complete exp. are debit.
& complete income credit

Answer / ashna

Personal Account.                                             [1]Debit;The Receiver.                                   [2]Credit;The Giver.                                                                                                Real Account.                                                [1]Debit;What Comes In.                                  [2]Credit;What Goes Out.                                                                                                 Nominal Account.                                            [1]Debit;All Expenses And Losses.
                 [2]Credit;ALL Incomes And Gains. 







                                            

Answer / poonam

Personal rule.... "debit the receiver, cridit the giver."
real rule... "debit what comes in, credit what goes out."
nominal rule...."debit all the losses and expenses, credit all the income and gains."

what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

0 Answers  

what is share capital

3 Answers   Genpact,

EXPAND_________ZBA

1 Answers  

When determining turnover, do you first deduct all sales returns to come to an answer or is turnover the total sales without deductions.

1 Answers  

what is Calculation of Gross Profit Or Gross Loss?

0 Answers   EDS,

Difference between nonoperating expentiture and non cash expenditure

0 Answers   Capital IQ,

WHEN CREDITORS SHOULD BE COME UNDER DEBTORS IN WHAT SITUATIONS EXPLAIN WITH EXAMPLES

2 Answers  

what is actual meaning of Tax Deduction at source

10 Answers   Genpact,

EXPAND_______________URPF

2 Answers  

Difference between single and double entry?

4 Answers  

If grant is receivable by head office, but it is directly received by branch then what entries should be passed in branch and head office in tally

2 Answers  

Any one give some questions and answers . B.R.S, and tally9.0

2 Answers