Interested to Buy Any Domain ? << Click Here >> for more details...
what is the golden principles of accountin
- 2 Answers
- 5116 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / radha
goldent principles of accounting are
1. Personal account. In this a/c Debit the benifit receiver
and creit the benifit giver.
2. Real Account. In this a/c Debit what comes in and Credit
what goes out
3. Nominal Account. In this a/c all expenses and lossess
are debited and all incomes.
| Is This Answer Correct ? | 13 Yes | 4 No |
Answer / praveen chowdary
personal account;
debit the receiver and credit the giver.
real account;
debit what comes in and credit what goes out.
nominal account;
debit all expences and losses, credit all incomes and gains
| Is This Answer Correct ? | 8 Yes | 1 No |
What is meant by balancing?
Tell me what is gaap?
How do you relate yourself with Accounts?
what is the nagative good will?
what is opening stock formula?
What is debit and credit?
The Horse bought rs. 2000 on Jan.20th died, its carcase was sold for rs.50 loss rs. 1950 what is journal enty
we have received amount from others through debit/ credit cards. what is the ledger group of this? i am confused selecting the ledger group could you explain.
how many times we can deposit the old currency in one a/c in the bank
Which sistuation Current Assets become worKing capital?
amount drawn from propritors s b a/c Rs : 10000/-, intridused in propritors current A/c same amount, and same Rs :10000/- withdrawn by the propritors. please pass the entries for this transaction in double entry system.
credit card all entry pass in tally
Audit 
