Golden rules of accounting
Answer Posted / vicky
REAL ACCOUNT- Debits what comes in.
credit what goes out.
PERSONAL ACCOUNT- Debit the receiver and credit the
gives.
NORMINAL ACCOUNT- Debit all losses and expenses and credit
all profit and incomes.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com
Explain Cash Basis of accounting
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...
What is the value of inventory as per Financial Accounts (AS2) and as per Cost accounts? Someone told me that as per cost accounts only works costs is considered in CARR while for FA, AS2 is followed with cost or NRV whichever is lowewr? Please explain the difference.
How can I find out my credit rating score for free?
Can you explain about the distinction of Book-Keeping and Accounting
What was use of tally erp 9? Types of vat?
distinguish between price rate and time rate?
what is transposition-cum-demat?
how to entery pass in tally when items damage(items insured)and claim to insurance co.
what s BSPL and its significance?
how there prepare bank interview
what is finance what is bpo why do u want join a BPO types of process in BPO Company's
Expand CASA
How do you avoid loss situation