Answer Posted / prami

There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
ex:
personal a/c: rama a/c,krishnaa/c, jaya a/c,prami a/c.
Real a/c: cash a/c.
nominal a/c:salary a/c, commission a/c, rent a/c.
Rules:
personal a/c: debit the receiver,credit the giver.
real a/c:debit what comes in ,credit what goes out.
nominal a/c:debit all incomes and gains, credit all
expences and losses.

what is difference between account and accounting

1794

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what is forecast

1692

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example of SOP

1941

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Nature of training account with reason

1599

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Why does one need a broker?

2398

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Expand-------ACNS

1963

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What is Acquisition?

2483

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can we get all interview questions with answers in tally 9 which mostly asked in MNC's.

2418

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reason for difference in Balance sheet (Asset side & Liabilites side)

2036

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Meaning of portfolio management?

2084

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What is mamimum rate of CST applicable on Plastic Doors in NOIDA?

2130

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what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process

2344

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The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me

2038

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HOW TO MAINTAIN BANK A/C

2090

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selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

2028

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