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
   Testimonials Refer this Site  Refer This Site to Your Friends  Site Map  Contact Us      
   
 
Categories >> Accounting >> Accounting AllOther
 


 

 
Question what are the golden rule of accounting.
 Question Asked In Companies :: Patni,     < I also faced this Question! >
 Question Submitted By :: mayankjain_243
  Answer Posted By  
 
Answer
There are Three golden rules in accountings
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 ?    75 Yes 6 No


 
  vinodkumar
 
View All Answers
 
 
Please Help Members By Posting Answers For Below Questions
 
 Question Views   Select
 
EXPAND_________SEB 273
what is cc limit and what role accountant play to maintain it? 429
what is transposition-cum-demat? 770
What are the benefits ofparticipation in a depository? 654
those who finished +2 accounts groups please give me +1 and +2 accounts books if any one have please mail me rbharath1978@gmail.com i need it urgent please help me 332
what is a reducing balance method and depreciation fund investment method and 2 diffrences? 765
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies. 266
how can make configration related with electronic bank statment and how can i upload bank statment to system 315
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09. 277
When we are raised a interstate invoice then which type invoice we are raised 218
Define The Term Journal And Explain The Present Day Use? 619
Who to create a budget on software company 461
How is SENSEX calculated? 859
we want all sbi previous questions papers in our e.mail krishna2043 on yahoo 443
why gross profit transfering to profit & loss account 1397
E-Mail New Answers        Answer Selected Questions