What are the 3 Basic Rules in Accounting.
Answer Posted / devaraj tc
Personal A/C
Dr is the receiver
Cr is the giver
Real A/c
Dr what comes in
Cr what goes out
Nominal A/c
Dr All expenses & loss
Cr All income & gains
Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
Distinguish capital and Revenue receipts
what is Rectification of Errors ?
state and explain THREE types of situation to which accounting concept might be applicable
why you want to join the banking and finance industry?
Is interest of a business unit Operating Expense or Non Operating Expense
What is back value adjustment/correction in Nostro Reconciliations?
sort out the difference between service provider & service reciepient from the service tax.
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
1.What are the basic accounting Standards ?? 2.What is the main importance of Bank Reconcilation Statement? 3. What is Form 407 in Vat ??
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry
If i have a company in India doing purchase from Shrilanka, If i buy in Shrilankan local currency and make the payments in Indian Currency At the end of year how shall i settle the difference Exchange money in Books of Accounts.
why should we are preparing BRS
Process of the settlement cycle?
purchase car from toyota innova 50000 cheque from one firm and 449893 from other firm.... and 1350000 loan saction from kotak mahindra.....how can entry make with interest