golden rules of accounting
Answers were Sorted based on User's Feedback
Answer / dharani
There are three types of accounts. Personal, Real, and
Nominal. For recording transactions and to categorise
whether it is debit or credit, golden rule is important.
Personal - Debit the Receiver & credit the giver.
Real - Debit what comes in & credit what goes out.
Nominal - debit all expenses and losses/credit all incomes
and gains.
Is This Answer Correct ? | 14 Yes | 0 No |
Answer / adish jain
personal accounts ( dr. the receiver and cr the giver)
real a/cs ( dr. whats comes in and cr what goes out)
nominal a/cs (dr all expenses and cr all incomes
Is This Answer Correct ? | 5 Yes | 0 No |
how to geting finished goods cost with included it's all BOM and all production order cost in sap?
How to approve ānā no. of invoices
we paid bonus how to treat entry and what is the debit and credit
hi, this is shanthi kumar(M.Com). i would like to attend interview in genpact company.please send finance interview questions and interview details. thank u very much
How do you calculate GRATUITY and how much its exempted under taxation?
Hello Friends, I am Vinod Rawat & want some tips of interview question for the post of accountant in a reputed company Pls. Given Examples.
How to pass the entry in tally for demolished of building?
What procedure for excess payment to supplier I would like know without adjusting invoice that means how supplier will send back excess amount how do in oracle apps?
what is the meaning of the amortization
BRS
2 Answers Akzonobel, BEL, Chartered Accountant,
what are the elements of the companay
what is accounting rules
2 Answers Construction, Genpact,