Golden rules of accounting
Answer Posted / e.sankar
PERSONAL ACCOUNT: DEBIT THE RECEIVER
CREDIT THE GIVER
REAL ACCOUNT : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNT : DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
EXPAND_________SCM
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
What is inter-corporate deposits? and where it is shown in balance sheet?
Expand------ARN
Dear all We have purchases the dialer & loger with all equipement for setup new call center from simens ltd. i taken to in our books as plant & machinary under fixed assets .So we want the rate of deprecation. Please answered me .
all of interview question about coop bank of oromia
Please send the clerical exam questions and answers to my mail Id pinky18.02.1985@gmail.com
what is Rectification of Errors ?
Please do tell me about the questions which are asked at BACS FINAL ROUND.
plz tell me the finance questions asked in hsbc latest question asked in hsbc?
Is commodities transaction tax a permissible business expenditure? Explain
Expand---------NMOP
what is the procedure for issuing th C form