Answer / gopal kumar

real a/c-all the a/c related to any assets of company is
called real a/c
dr.-what comes in business
cr.what goes outto business
ex-purchase furniture for cash Rs-10,000
furniture a/c -dr 10,000
to cash a/c 10,000
Nominal a/c-all the income7expenditure related to business
is called nominal a/c
dr all expenditure
cr all income
ex- salary paid rs 5,000
salary a/c dr 5,000
to cash a/c 5,000
personal a/c-all the a/c related to
personal,institutions,organisations is called personal a/c
dr-the reciver
cr-the giver
ex.cash recived from soni Rs.20,000
cash a/c dr 20,000
to sonia/c 20,000

Answer / praveen shettigar

cash a\c (real a\c)
to sales a\c (nominal a\c)

bank a\c (personal a\c)
to cash a\c (real a\c)

purchases a\c (nominal a\c)
to cash a\c (real a\c)

What is the role of banks in developing the economy?

1 Answers   RBI,

---

What are different types of Risks?

45 Answers   CNG, COCO Traders, Garware, Human Resources, ICICI, Project Management‎,

---

What is Consumer price Index(CPI)?

1 Answers  

---

WHAT IS CFORM PROVISION

1 Answers   IBM,

---

what is the difference between issuing house and investment bank

1 Answers  

---

WHY RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?

1 Answers   IIRM,

---

What is needed for insurance?

1 Answers   LIC,

---

When one party enjoys credit facilities by more than one banks who works in coordination with each other under a formal arrangement, what is the arrangement?

1 Answers  

---

Where does closing stock appear in the trial balance?

1 Answers   BNY Mellon,

---

what is the difference between operating and net operating profit per share

1 Answers  

---

what is called re-capitalization

5 Answers   AXA, Capital IQ, TCS,

---

can you judge whether the stock is expensive by looking at its price?

1 Answers  

---