What is the types of accounts & it's rules ?

Answer Posted / geeta chaturvedi

personal account
debit is the reciver
credit is the giver
Real account
debit what comes in
credit what goes out
Nominal account
all expenses / losses id debit
all incomes / gain credit

Is This Answer Correct ?    42 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

can i get exact salary of clerk in SBI. and i want to know about promotion details .....

1465


Expand DEHM

1485


what is status report? and flow report?

1635


How many types we are received funds in business purpose

1940


Comments Elements in accounting

1404






I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1038


EXPAND___________NAA

1472


explain the financialand economic meaning of investment?

1754


---------is the main or principle book of accounts

1391


loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid

1629


while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

1637


please explain the uses of internate protocol address(ip add)?

1691


Can you explain about the distinction of Book-Keeping and Accounting

1541


What is the process of VAT & CST Registration?

2013


what is the difference between Tally ERP and SAP FI ECC?

2004