Golden rules of accounting
- 369 Answers
- 645324 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / kalpana dudhate
Real Account : Debit what comes in
Credit what goes out
Nominal Account : Debit all expenses and losses
Credit all incomes and gains
Personal Account : Debit the Receiver
Credit the giver
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
sort out the difference between service provider & service reciepient from the service tax.
commisiion recieved journal entry and receipt required
.,can someone tell me how to compute the subscribed capital share?
Hello to every body ... Its not its not a interview question In accounting field can we make Money ?
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
What is a Balance Sheet & Profit & Loss Account?
What is account
Short Answer on ___________Appreciation
What do you think you do well?
what is purchase tax in rajasthan.
what is the meaning of call in arear
EXPAND_________SDJMC
i have need full detail of tds rules and forms submitted dovetails
When is the profession tax applicable? Is there a liability on the employer to pay PT? What is the amt of PT in case salary exceed Rs. 10,000/- pm
Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
