basic rules in accounting
- 10 Answers
- 16795 Views
- CA, ITC Infotech, KDCC, I also Faced
- E-Mail Answers
Answer Posted / anil bhujel
Generally there are three sorts of accounts,i.e. Personal
accout, real account and nominal account.
1)Personal Account:
Dr.Receiver
CR. Giver
2)Real Account:
Dr. What comes in
Cr. What goes out
3)Nominal Account:
Dr.All expenses/loss
Cr. al profits/gains
| Is This Answer Correct ? | 12 Yes | 1 No |
Post New Answer View All Answers
Where we show Service Tax Due ( Debit Balance ) in Balance Sheet?
WHAT IS BANK RECONCILIATION STATEMENT? DIFFERENCE BET PUBLIC COMPANY AND PRIVATE COMPANY? MEMBERS IN PUBLIC CO AND PRIVATE COMPANY? WHAT IS DEPRECIATION?
what you mean by cross dunning
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
What exactly balance sheet depicts
define drawer or maker
In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?
You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000
why do think you are best candicate for this post.
what is the difference between sap and sas?
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry
whts is the meaning of over cost and under cost, what is difference ?
plz send me the apptitude question papers of wipro
Short Answer on _____________Revenue Budget
