Answer Posted / nirmal
1. PERSONAL
2. REAL
3. NOMINAL
PERSONAL - DEBIT THE RECEIVER
CREDIT THE GIVER
REAL - DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL - DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 38 Yes | 4 No |
Post New Answer View All Answers
If its is declared by auditor that business is not going concern that what journal entry will be pass?
What is the working formula for Inventory turnover
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
how to entry in tally for other person check received
Who to create a budget on software company
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?
Short Answer on ___________Cash Profit
Who is the maker of the promissory note
what is waybill key number & how can it be issue?
What is wealth maximisation
Short Answer on _______Appropriation
what is status report? and flow report?
what is the procedure for issuing th C form
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com