golden rules of accounts



golden rules of accounts ..

Answer / amit awasthi

personal account,

debit the receiver
credit the giver

real account

debit what comes in
credit what goes out

nominal account,

debit all expenses and losses
credit all incomes and gains

Is This Answer Correct ?    7 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

What is the difference between straight line depriciation method and written down value method?

6 Answers   Deloitte, Sky n Sea Cargo,


how many types of practice accounts?

0 Answers  


What is mamimum rate of CST applicable on Plastic Doors in NOIDA?

0 Answers  


what is investment

1 Answers  


EXPAND_________SEZ

7 Answers  






expand E S I

4 Answers  


Please share different type of Z report

0 Answers  


What is outsider equity and time interest period ratio?

0 Answers  


What is BRidge Loan?

4 Answers   Capital IQ,


Why would dividend declared not be included when calculating net income?

5 Answers  


what is the meaning of LIQUIDITY? what is merger, acquisition & amalgamation? what is the differnce between them? WHAT IS THE TAXABLE VALUE OF THE FOLLOWING FRING BENEFITS FOR FRINGE BENEFIT TAX ? a) CONCESSIONAL TICKET PROVIDED BY THE EMPLOYER FOR PRIVATE JOURNEY OF An EMPLOYEE AND HIS FAMILY MEMBERS. b) GIFTS AND SCHOLARSHIP.

9 Answers   Capital IQ,


Expand------CCEA

1 Answers  


Categories