What are accounting Principles?

Answer Posted / ashish

. personnel accoumt:- debit the receiver and credit the
giver,
2. real account:- debit what comes in and credit what goes
out.
3. nominal account:- debit all expenses and losses and
credit all gains and incomes

Is This Answer Correct ?    0 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is return on shareholder s funds?

582


How successful is the Swachh Bharat Abhiyaan in country?

610


How will you compensate your lack of experience?

603


What is repo rate and the current repo rate?

596


What is the situation of farmers in least developed countries?

621






What is the use of Computers in a Bank?

695


How your skills can be useful to LIC?

643


Define call money market?

627


What is promissory note (pn)?

885


Name the methods used to 'control the inflation'?

599


What is Company Limitted by Shares?

628


What are the most essential qualities of a Banker?

617


Discuss any two points on General Budget and Railway Budget?

613


What do you understand by the term Public Debt?

621


Explain what is MF or Minimum Fill Order?

773