Golden rules of accounting
Answer Posted / thendral
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 ? | 2 Yes | 0 No |
Post New Answer View All Answers
What is account
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
Expand------------STRA
service tax form no ? What is CC Limit ? What is branch accounts?
Define `Realisation` Account? Explain the salient features?
ACCOUNTING CONCEPTS AND CONVENTIONS
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
Expand--------AA
How to make an adjustment entry for the variation of physical asset Vs book value of asset. For example: As per asset register there are 1000 computers where as 950 computers are available in stores. How to make an adjustment entries for the difference of 50 quantities?
emplementation of accounting standerds in Bangladesh, developing or copieng?
an amount deducted from the catalog price for an item of merchandise is called?
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
Expand---------SDRT?
What is Goods Lost by Fire/Accident/Theft ?
what is your achievements?