Golden rules of accounting
Answer Posted / ashish shrivastava
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER
Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
While we are bringing our machinery items to factory through a vehicle from other state to Andhra pradesh, is this correct to send our own state way bill along with the other state way bill.
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?
what are the questions commomly asked in reuter's interview.?
Expand MNS
objective of accounting
how to entery pass in tally when items damage(items insured)and claim to insurance co.
what is new updates in account
What type of questions in accouting point of respect they ask genrally plz help me find out this.
What problems might be encountered if there were no accounting standards?
how to calculate stt
Hi, I am doing Data Entry jobs in Accounts. please let me know "How to maintain Medical stores accounts"?
A sample book on interviews is ready for free circulation with 7 chapters i.e Journal entries helpful for various occassions,Terminology,Abbreviations,Test your terminology,Multiple answers, Fill in blanks and Income tax send your requisition for Free Book Immediately to satyaki_raju@yahoo.co.in
Short Answer on __________Revenue