Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 712376 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / yashwant
Real A/C- Debit whats comes in
Credit whats goes out
Personal A/c- Debit the receiver
Credit the giver
Nominal A/c- Debit all expenses and losses
Credit all incomes and Profit
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / vinod
personal account:debit the receiver
credit the giver
real account:debit what comes in
credit what goes out
nominal account:debit the expenses & loses
credit the income & gain
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / arvind karthi venkatesh
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 INCOME & GAINS
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / soumya sashidhar
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 expences and losses
Credit all incomes and gains
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / e.sankar
PERSONAL ACCOUNT: DEBIT THE RECEIVER
CREDIT THE GIVER
REAL ACCOUNT : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNT : DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / amit singh rawat
personal accounts:-
Debit the ricever and credit the giver.
Real accounts:-
Debit what's comes in and credit what's
gose out.
Norminal accounts:-
Debit all Expenses and Losses And Credit
all Income and Gain.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / banajit haloi
Personal a/c-- Debit the Receiver
Credit the Giver.
Real a/c--Debit what comes in
Credit what goes out.
Nominal a/c--Debit expenses or losses
Credit gains or incomes.
| Is This Answer Correct ? | 2 Yes | 1 No |
Answer / karthik
REAL ACCOUNTS : DEBIT WHATS COMES IN
CREDIT WHATS GOES OUT
NOMINAL ACCOUNTS : DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAIN
PERSONAL ACCOUNTS : DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / gautam saurabh.
PRESONAL ACCOUNT- debit the receiver, credit the giver.
REAL A/c - dr.what come in, cr. Whats goes out.
NOMINAL A/C- Dr.all expenses and losses, Cr. all income and gains.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / pratik lokhande
Personal A/c: Debit the Receiver
Credit The Giver
Real A/c: Debit What Comes in
Credit what goes out
Nominal A/c: Debit the Expences and Losses
Credit Profit and Gains
| Is This Answer Correct ? | 1 Yes | 0 No |
What is going concern concept?
Describe the accounting principles
Expand---------SPRT
input vat and out put vat comes which head?
what is RTGS?
11 Answers State Bank Of India SBI,
what is accouting standard? pl give the list of accouting standard.
what is IPO
fill in the Blanks Working Capital is current Assets__________________
Rent paid to Land Lord account is credited to 1.Land Lords account 2.Cash account
Short Answer on _________________City Compensatory allowance
Short answer on____________Assessment Year
In activity based costing, costs are accumulated by A. Cost objects; B. Cost benefit analysis; C. Cost pool; D. None of the above.
Audit 
