Answer Posted / kanchan

GOLDEN RULES OF ACCOUNTING:
===========================
Real A/C : Dr. What come in
Cr. What goes out

Personal A/c: Debit the receiver (The person)
Credit the Giver (The person)

Nominal A/C : Dr. All expense & loss
Cr. All incomes & gains

Three steps for correction in BRS?

1736

---

what are the rules and regulations of junior accountant

1911

---

When we are raised a interstate invoice then which type invoice we are raised

1473

---

Short Answer on __________Revenue

1490

---

What is Going Concern, What is Dual Entry , What is Business entity and what are the names of Stock exchanges and currency of some countries, stock market related questions, Exchange rates, Banks and other informations

1524

---

---

Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

1839

---

you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2272

---

PO Amount is 100000 Jv is Purpose A/c To Party A/c First payment is 10000 TDs is 1000 What is the Payment enter in tally

1769

---

What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times

2079

---

We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?

1610

---

Expand---------DEP

1498

---

What is DECR And for wt it is used?

1665

---

reason for difference in Balance sheet (Asset side & Liabilites side)

1564

---

does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

1740

---

What is Split And buy-back?

2250

---