Answer Posted / shankar.k

Accounting Golden Rules

personal : Debit The Giver
Credit The Receiver

Real : Debit Was Comes In
Credit Was Goes Out

Nomminal : All Expenses and losses Debit
All Income And Gain Credit

Is This Answer Correct ?    33 Yes 25 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

How can a company reduce profit

1531


credit card entry in tally

988


what are the different causes for discrepencybetween the balance of cash book and pass book

1471


what is meant by virus

7074


what is circuit filter?

1497






is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

1594


DESCIBE EXPORT PROCEDURE

1540


Short Answer on ________Adjusting Entries

1723


Which document should be attached with purchse & sales invoice?

1507


pls send me capital iq quition paper pls, ihave 2mr interview thanks

1818


how to prepare HSD statements in tally

2199


what is the core accounts

1686


how can make configration related with electronic bank statment and how can i upload bank statment to system

1582


What is the difference between Balance Sheet , Chart Of Accounts and trial Balance?

2172


Short Answer on _________Commerce

1418