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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 ?    724 Yes 160 No

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