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 :: Accenture, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Oracle, Scope International, TCS, UCO Bank, WNS, Accounting, Ajuba, Northern Transport, TransWorld,     < I also faced this Question! >
 Question Submitted By :: dr. r.srinivasan
  Answer Posted By  
 
Answer
real a/c : debit what come in
credit what goes out

nominal a/c :debit all expenses & loses
credit all profit & gain

personal a/c :debit the recevier
credit the giver

Is This Answer Correct ?    734 Yes 161 No


 
  lucky
 
View All Answers
 
 
Please Help Members By Posting Answers For Below Questions
 
 Question Views   Select
 
What are different types of reports made in tally 517
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail? 289
EXPAND___________LST 281
What Settlement details are required on the delivery instruction slip? 2635
Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry 278
can a bank po work in any type of bank such as idbi bank,hdfc,hsbc please tell me 422
What is the Formula For Return on Working Capital 544
fill in the Blanks Share Holders in Company have _____________Liability 277
What is the Purpose of Preparing Bank Reconciliation Statement? 356
what are the aspects an auditor has to see when he/she is doing the Purchase,Sales and Journal Vouching 274
1. Cold Ice, Inc. sells ice cream sells for $2 each. The variable costs per ice cream are $1 and the fixed overheard costs are $ 0.35. A summer camp wants to place a one-time order for 100 cone of ice cream at a price of $ 1.25 each. What is the minimum price hot dogs should be charge for this special order? 247
Expand DPCO 301
Distinguish between sale and consignment 291
explain Dual entry concept 368
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ? 264
E-Mail New Answers        Answer Selected Questions