3 principles of accounting

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3 principles of accounting..

Answer / pravi

Personal Account-Debit the receiver and credit the giver
Real Account - debit what comes in credit what goes out
Nomial Account -debit all expenses and incomes and credit
all losess

Is This Answer Correct ?

16 Yes

3 No

3 principles of accounting..

Answer / reginold sanjeev

Personal Account
Real Account
Nomial Account

Is This Answer Correct ?

10 Yes

5 No

3 principles of accounting..

Answer / shailaja

The principles of accounting is basically under 3 types

personal account
real account
nominal account

personal account comes as dr- the receiver, cr- the giver
real account comes as Dr- what comes in , cr_what goes out
nominal account comes as Dr-all expenses d incomes, cr- all
loses and gains.

Is This Answer Correct ?

6 Yes

1 No

3 principles of accounting..

Answer / mayur chavare

1) Real Account
2) Nominal Account
3) Personal Account

Is This Answer Correct ?

4 Yes

0 No

3 principles of accounting..

Answer / suneel

The 3 principles of accounting are,
Prudence,materiality and Substance over form

Is This Answer Correct ?

7 Yes

4 No

3 principles of accounting..

Answer / suneel

I guess those three are Fundamental accounting "assumptions"
and not principles Ms. Asha...

Is This Answer Correct ?

3 Yes

0 No

3 principles of accounting..

Answer / dharmendra samal

Dr. The Receiver & Cr. the Giver (for personal Account)
Dr. what comes in & Cr. what goes our (for real Account)
Dr. all expenses/losses & Cr. all incomes/revenue (for
nominal Account)

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2 Yes

0 No

3 principles of accounting..

Answer / asha

going concern
accrual basis
consistency

Is This Answer Correct ?

4 Yes

6 No

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