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 At :: hp, transworld, jp morgan, scope international, bank reconsilation statment, oracle, oracle, hwitt, intel, salary payable in which accounts, salary payable si which accounts, hp, jp morgan, flextronics, ajsa, zenpact, personnal account rule, tcs, northern transport, uco,
 Question Submitted By :: dr. r.srinivasan
I also faced this Question!!    
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 ?    3394 Yes 288 No


 
  swapna
 
View All Answers
 
 
Please Help Members By Posting Answers For Below Questions
 
 Question Views   Select
 
i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR??? 274
business sepsarate entity concepts 275
what is the core accounts 374
Explain the word Liquidation 273
What is Profir/Earning Before Tax and Profit after tax any one explaint this Clearly. 267
what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly. 380
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic 303
Distinguish between sale and consignment 264
What is the working formula for Working Capital Turnover 286
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet 302
What accounting records must a non-company charity keep, and for how long? 342
Define Payee 293
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not 1475
How i pass the share holders capital entry in Tally? How to set this option in Tally? 2018
Expand---------DEP 236
E-Mail New Answers        Answer Selected Questions