Golden rules of accounting
Answer Posted / vikas.hs
REAL ACCOUNTS - DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
PERSONAL ACCOUNTS - DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNTS - DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what do u mean by arrear basic or arrear hra?
institutional investors?
what is the step in preparing the schedule of audit? can someone explain for me?
whts is the meaning of over cost and under cost, what is difference ?
Explain valuation methods of Normal and Abnormal loss
Where to enter bonus and pf esi in tally pls help for me
describe the most complex challenge that you have faced and how you managed it
You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.
How i pass the share holders capital entry in Tally? How to set this option in Tally?
How shall I calculate the true profit of my business, as I am a layman for accounting.
How to Calculate Mortgage?
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
how there face in lvbank interview
what is Exposure ?
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order?