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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!!     Rank 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

 
Lucky
 
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