Interested to Buy Any Domain ? << Click Here >> for more details...
Give some example of real,personal & nominal accounts , &
which kind of a/c reflect p&l & BS.
- 20 Answers
- 258438 Views
- Banking, HSBC, IT Industry, Motilal Oswal, SLK, I also Faced
- E-Mail Answers
Answer Posted / p.murali
Real Account
What coms in Debit
What goes on Credit
Expenses comes under Profit and loss Account
Personal Account
Debit the Receiver
Credit the Giver
Examples
I received the loan Rs.5,00,000/-
Nominal Account
Expenses and Loss are Debit
Incomes and Gains are Credit
| Is This Answer Correct ? | 752 Yes | 142 No |
Post New Answer View All Answers
What do you define in customizing for the payment program? FBZP (Any 2 Answer) • Bank subaccount ( BANK DETRMINATION SCREEN. ACCOUNTS) • Forms of the payment media ( PAYING COMPANY CODE) • Available amount (BANK DETERMINATION, AMOUNTS) • Assignments for the profit center • Prerequisites for the debit balance check
with out college degree con't we dc accounting job?
Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.
Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER
what are your plans after completing your MBA (or) studies ?
what is the difference between planned and non planned budgt
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
business sepsarate entity concepts
What is the Assets & Liabilities?
What are events occuring after the balancesheet date?
Difference Between Revenue & Capital Expenditure (Give an Example of each )
I have a existing Oracle applicttions and need to bring one of the new business on it. The new business will use GL, AP and FA. We will use existing COA. This business will have 3 sets of books (1- tax book, from April to March; 2- Primary book, from July to June; 3- Reporting book, from July to June); All books will have same currency; HOW DO I TRANSFER DATA FROM PRIMARY BOOK INTO TAX AND REPORTING BOOKS EVERY MONTH OR ON WEEKLY? IS THERE ANY STANDARD ORACLE PROCESS WHICH CAN BE SCHEDULED? THE REPORTING BOOK WILL HAVE DIFFERENT DEPRECIATION METHOD SO HOW DO I NOT TRANSFER DEPRECIATION FROM PRIMARY TO REPORTING BOOK AND DO SEPERATE DEPRECIATION IN REPORTING BOOK FOR THE SAME ASSET THAT IS ALSO IN PRIMARY AND TAX BOOK?. HOW DO I APPROACH ON SETTING THESE NEW SETS OF BOOKS? Thanks, KK
what are micro-cap, small-cap, mid-cap, large-cap companies?
euro currency market
what is mean by traditional accounting ?
