:: 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 Asked In Companies :: Flextronics, Genpact, HP, Intel, JPMorgan Chase, Oracle, Scope International, TCS, WNS,     < I also faced this Question! >
 Question Submitted By :: dr. r.srinivasan
  Answer Posted By  
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 ?    728 Yes 160 No

View All Answers
Please Help Members By Posting Answers For Below Questions
 Question Views   Select
How will be prepare invoice in tally, please tell me step by step 1149
how to check which item is sold by the sundry debtors in tally? 266
What does stand for EPD,MIS? Can anyone tell me briefly n clearly about this? 472
Short Answer on _________Accounts Receivable 239
Expand---------PDCB 218
what is cost accountinp 326
What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared? 674
What is the Technology used to carry out trades? 2146
A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch 769
why you would like to work for the our(AIRLINE) Group ??? 371
What is functional area,trading partner in sap fico 93
what is differred tax liability? explain in detail with some example. 581
What Are The Characteristics Of Modern Accounting? 1399
Define Payee 311
What type of questions in accouting point of respect they ask genrally plz help me find out this. 335
E-Mail New Answers        Answer Selected Questions