Answer / bikash knata tripathy

personal a/c - debit the receiver, credit the giver

real a/c - debit whats comes in, credit whats goes out

nominal a/c - debit all expenses & losses, credit all incomes
and gains

Answer / shravanthi

Personal account-Debit the receiver
Credit the giver
Real account-----Debit what comes in
credit what goes out

Nominal account----Debit all expences & losses

credit all incomes & gains

Answer / manish kumar

Personal account-Debit the receiver
Credit the giver
Real account-----Debit what comes in
credit what goes out

Nominal account----Debit all expences & losses

credit all incomes & gainsv

what is equity shares?

2 Answers   Genpact,

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what is professional tax slab rate ?

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What is the difference between Retained earning and Net Profit?

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what is the eatery for the prepaid expenses Eg: prepaid rent

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5- Explain the function of ledger?

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is surcharge diffrent from vat or surcharge is refundable or not

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A company issues new debentures of Rs.2 million, at par; the net proceeds being Rs.1.8 million. It has a 13.5 per cent rate of interest and 7 years maturity. The company’s tax rate is 52 per cent. What is the cost of debenture issue? What will be the cost in 4 years if the market value of debentures at that time is Rs.2.2 million?

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Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

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What is diffrence between Satutory Liquid Ration and Cash Reserve Ratio?

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which date is effected in books related bank reconciliation transaction date or value date?

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