what is the three basic rule of journel
Answers were Sorted based on User's Feedback
Answer / suman baranwal
Rule of journal is based on nature of accounts:-
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 expenses & losses, credit all incomes
& gains.
| Is This Answer Correct ? | 16 Yes | 0 No |
Answer / amit kumar
Rule of journal is based on nature of accounts:-
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 expenses & losses, credit all incomes
& gains.
is right.
| Is This Answer Correct ? | 4 Yes | 0 No |
please tell me the 'R2R' interview questions and answers ?
1 Answers Accenture, Dr Reddys,
what is the mean of amountisation
Cash bill of sale so the company can deduct the amount.
what is accounts?
while preparing final accounts of a service rendering shop,then where do the purchases and sales come as closing stock is not there
What is basic difference between loan and investment?
Explain the Depreciation, objectives for calculating the depreciation and various method for calculating depreciation
what are the accounting standards prevailed now in India. Give a short description about each of them
Do you have any idea about gst?
hi...this is chaitanya fresh bcom computer graduate i need job in finance feild will i get in genpact, deloitte, bank of america, or any other mnc...?
what is the definition of derivative, what is a security?
Which kind of transactions are not recorded in the books of account?