Golden rules of accounting
- 369 Answers
- 645325 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 / mohammed asim.v
REAL ACCOUNT :DEBIT WHAT COMRS IN
CREDIT WHAT GOES OUT
PERSONAL ACCOUNT :DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNT :DEBIT ALL EXPENSES AND LOSES
CREDIT ALL GAINS AND INCOMES
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is Accommodation Bill
Short Answer on ___________Cash Profit
How do you avoid loss situation
what is the meaning of Processing Vendor/Employee payments
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
EXPAND___________NAC
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
What is the Formula For Return on Working Capital
Name some errors which can be detected by Trial Balance
please send me some previous sbi clerical interview questions to my email id....
what is the process of excise duty?
We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?
Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account
what is the scenario of multi-org setup?
what is difference between account and accounting
