Golden rules of accounting
Answer Posted / sabiulah
personal A/c :debit the receiver
credit the giver
real A/c :debit what comes in
credit what goes out
nominal A/ : debit all expenditure and losses
credit all income and revenue
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
What is 100% EOu? what is the benifit and what is difficulty of it?
Can any one explain me how profitability analysis s implemented in Sap & tell me which tables get effected by this... i want to know about copa_derive msgtypes also...
What is Trade Recovery Estimate and how can we calculate it?
Whether the TIN and CST no. remain same for a firm in M.P. state. If a firm ask for CST but having only TIN no. is it correct to entertain his invoice?
please tell me questions asked in NICMAR for the post of accounts executive
Expand---------MDOT
where we use the convetion of conservatisam in real life??
Give me total Details of payroll calculation, payslip with examples.
i have need full detail of tds rules and forms submitted dovetails
Give the balance sheet schedules ,what is differe tax, GIVE THE RATES OF DIFFERED TAX FOR THE YEAR 2008-09
What is combination?
What is the difference between payable and accrual
How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid