Golden rules of accounting
Answer Posted / vineet sharma
Golden Rules of Accounting
Personal A/c
Reciever will be debit.
Giver will be Credit.
Real A/c
Coming assets will be debit.
Going assets will be credit.
Nominal A/c
expences & losses always debit.
Income & profit always credit.
Is This Answer Correct ? | 12 Yes | 1 No |
Post New Answer View All Answers
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
WHAT TYPES OF ESSAYS ARE GIVING IN BANK OF AMERICA? CAN ANY ONE HELP ME
How do we return the loan in equal installments with interest in tally
Expand---------SDRT?
what is the entry for goods sent from one factory to another under inter branch transfer sale of the same compny and what should be the valuation for this purpose?
give me only one transactions in both side (debit&credit) should be in real accounts
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
What is revaluation of assets.when it occurs
what is the main difference between nse & bse operations
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching
I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim
sort out the difference between service provider & service reciepient from the service tax.
What is DRA in bank reconciliation.
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy