ALLInterview.com :: Home Page
 Advertise your Business Here     
Browse  |   Placement Papers  |   Company  |   Code Snippets  |   Certifications  |   Visa Questions
Post Question  |   Post Answer  |   My Panel  |   Search  |   Articles  |   Topics  |   Errors
   Testimonials Refer this Site  Refer This Site to Your Friends  Site Map  Contact Us      
   
 
Categories >> Accounting >> Accounting AllOther
 


 

 
Question GOLDEN RULES OF ACCOUNTING
 Question Asked In Companies :: Flextronics, Genpact, HP, Intel, JPMorgan Chase, Oracle, Scope International, TCS, WNS, Ajuba,     < I also faced this Question! >
 Question Submitted By :: dr. r.srinivasan
  Answer Posted By  
 
Answer
Personal Account:Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

Nominal Account : Debit all expenses and losses
Credit all incomes and gains

Is This Answer Correct ?    3435 Yes 288 No


 
  swapna
 
View All Answers
 
 
Please Help Members By Posting Answers For Below Questions
 
 Question Views   Select
 
Queries for Big4 Articleship :Communication Skills & Gk? 2014
How to calculate closing stock? I have opening stock of 72 lacs (average costing without tax) and purchase of 49 lacs (with tax) and sales of 101 lacs (without tax). What is my closing stock then???? Should i add tax in sales? Where all should tax be included and where all should tax NOT be included? Right now i calculated => 72(no tax)+49(with tax)-101(no tax) = 20 lacs. IS this correct? 645
what is the nature of bill receivable and consignmenta/c 702
please send me some previous sbi clerical interview questions to my email id.... 384
Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com 265
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs? 477
What are Home Equity Loans ? 518
What is the accounting treatment for finance lease in lessee's viewpoint? 601
why are you selecting for the profitbulity analysis costing based& active based 380
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching 272
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail. 273
I am Lavanya i have been selected in HR round in HP INVENT and i have Operation round as next round may i know what will they ask here and after this what is the next round????? 2017
We did promotion activity for X co that co is our client ( S Dr) which we sold tickets through our vendor through out north india ... But those vendors adjusted cash with thir bill and remaining balance we received ,, Ticket amount we paid from our co Bank A/c to our client (S Dr) .the amount is too huge so how can i sort out this in books of acconts .............. 345
can i get exact salary of clerk in SBI. and i want to know about promotion details ..... 323
WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET? 413
E-Mail New Answers        Answer Selected Questions