Golden rules of accounting
- 369 Answers
- 645902 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 / vijayakumar
REAL ACCOUNTS :
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
PERSONAL ACCOUNTS :
DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNTS:
DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
tell me about roll model as father
what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?
What is Merchandising Accounting process
how to entry of hra
Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex
What are the duties of sales tax department? Explain it
What is difference between cash flow and funds flow?
legal accounting methods to reduce profit of a partnership firm so as to reduce the tax liability?
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
What is Compliance?
What is DECR And for wt it is used?
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
how to work on CMA form in manufacturing compay as well as how to analysis working capital ?
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
