Golden rules of accounting
Answer Posted / munna
personal account : receiver should be debited
giver should be credited
real account : what comes in credit
what goes out is credit
nominal account : expenses and losses is debited
profits and gains is credited.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
How does the ration analysis help in depicting profit and loss
Why we reconcile our debtors? what steps we taken during reconciliation.
What is the important of cash in a business unit
I want to know with example of vat & Salestax
How Many Types of Excise Duties?
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule
Depreciation method to using Indian company names
Distinguish between sale and consignment
Short Answer on _________________City Compensatory allowance
HOW TO MAINTAIN BANK A/C
What is meant for GR form, which is used in export of goods without of payment of duty ? For what purpose we use it ? Should merchandise exporter use it ?
i have completed my MBA with finace background. am intrested to learn oracle finace.can you suggest me which are good instittues in hyderabad.at area wise.
WHAT IS PROSPECTUS?
what is capital market and money market? what is primary market and secondary market?