Interested to Buy Any Domain ? << Click Here >> for more details...
can you give me debit n credit rules
- 3 Answers
- 5774 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / rama
3 Golden rules of Accounting
1.Debit the receiver,Credit the giver.
2.Debit what comes in,Credit what goes out.
3.Debit all expenses and losses,credit all gain and income.
| Is This Answer Correct ? | 18 Yes | 3 No |
Answer / mani - tnmsc
Golden Rules of Accounting
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 and Losses
Credit - All Incomes and Gains
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / munawar
3 Golden rules of Accounting
1.Debit the receiver,Credit the giver.(Personal account)
2.Debit what comes in,Credit what goes out.(Real account)
3.Debit all expenses and losses,credit all gain and
income.(Nominal account)
| Is This Answer Correct ? | 2 Yes | 0 No |
Explain me scrap value in accounting?
What is contra entry?
Where to define a Payment Document
What are the columns of a journal?
how to calculate PF how to calculate esi
what are the document that get created in procurement to pay process ?
in tally software, how is the entry for stock brought by owner in to the business as capital?
Into which account do we close the revaluation account balance during the winding up of a company?
define capital rationing!
what is entry of depreciation in journal
capital goods purchased from Singapore. payment made by bank in rupees. but the invoice value is in USD, How to make purchase entry in tally?
What is the journal and payment entry of P.F and E.S.I
21 Answers ABC, Chartered Accountant, IBM, Kohinoor,
Audit 
