ALLInterview.com :: Home Page            
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   ERRORS new
   Refer this Site  Refer This Site to Your Friends  Site Map  Bookmark this Site  Set it as your HomePage  Contact Us     Login  |  Sign Up                      
Do you have a collection of Interview Questions and interested to share with us!!
Please send that collection to along with your userid / name. ThanQ
Google
   
 
Categories  >>  Accounting  >>  Accounting AllOther
 
 
 
Question 
what are the golden rule of accounting.
 Question Asked At :: Patni
 Question Submitted By :: mayankjain_243
I also faced this Question!!     Rank Answer Posted By  
 
Answer
 
There are three accounts 
1. Personal
2. Real
3. Nominal

The three golden rules are 
1. personal Account
Debit the receiver & Credit the giver

2. Real Account
Debit what comes in & credit what goes out

3. Nominal Account 

Debit the expenses & Losses & Credit the Income & gain

 		 Swati Shinde
 
View All Answers
 
 
 
 
 


   
Copyright Policy  |  Terms of Service  |  Help  |  Site Map 1  |  Articles  |  Site Map  |   Site Map  |  Contact Us |   interview questions urls   External Links 
   
Copyright © 2012  ALLInterview.com.  All Rights Reserved.

ALLInterview.com   ::  Forum9.com   ::  KalAajKal.com