Golden rules of accounting
Answer Posted / raj
Personal A/C : Debit The Receiver
Credit The Giver.
Real A/C : Debit What comes in.
Credit What goes out.
Nominal A/C : Debit All expenses and losses.
Credit All income and gain
Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Short answer on Allowances
what are the payroll procedures?
what is the step in preparing the schedule of audit? can someone explain for me?
For what purpose ERS is used for?
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Expand---------NMOP
we are run construction (residence & commercial)last year we are sale 4 flats (16 flats apartment) registration value example:10.75 * 4 = 43.00 but we are collected from customers 45.00 total so 45 - 43 = 2.00 this amount we are booking additional agreements work amount (income)because we are standing sub contractors expendeture side 2.00, we are service tax paid or not ?
what is the script forms standard text in fico
In order to comply with the matching principle, adjustment entries are made at the preparation of ----------
What is the rate of basic excise duty and specific duty And I want to know that how can I see that vat rate in up ,excise duty and tds details Please tell me site plese
state and explain THREE types of situation to which accounting concept might be applicable
what is Exposure ?
When we are raised a interstate invoice then which type invoice we are raised
what are the customization u have done in sap mm
Expand---------NPTO