prabakaran


{ City } chennai
< Country > india
* Profession * assistant accountant
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Questions / { prabakaran }
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PURCHASE OF FIXED ASSETS THAT PURCHASE TO CLAIM THE VAT PAYMENT ?

 4 Taxation 15585



Answers / { prabakaran }

Question { TCS, 644920 }

Golden rules of accounting


Answer

PERSONAL A/C : debit the receiver
credit the giver

Nominal A/C :debit the all expenses and losses
credit the all income and gain

REAL A/C : debit what comes in
credit what goes out

Is This Answer Correct ?    0 Yes 0 No