Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

Answers were Sorted based on User's Feedback



Golden rules of accounting..

Answer / dinesh jamnani

1- Personal Account - Debit the reciver and Credit the Giver

2 - Real Account - Debit what comes in and credit what goes
out

3 - Nominal Account - Debit all the expenses and loses and
credit all incomes and gains

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / haider eqbal

Personal A/c: Debit the receiver
Credit the Giver

Real A/C : Dr. What come in
Cr. What goes out

Nominal A/C : Dr. All expense & loss
Cr. All incomes & gains

Is This Answer Correct ?    2 Yes 1 No

Golden rules of accounting..

Answer / murari kumar jha

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

Golden rules of accounting..

Answer / anu v jacob

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / lasya peddada

Rules of the Double Entry System

Debit Credit

Personal Account Receiver Giver

Real Account What comes in What goes out

Nominal Account Expenses and Incomes and Gains
Losses

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / anand prajapati

REAL ACCOUNTS A/C: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PERSONAL ACCOUNTS A/C: DEBIT THE RECEIVER
CREDIT THE GIVER

NOMINAL ACCOUNTS A/C: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / shyam kishor sharma

PERSONAL A/C: DEBIT THE RECIEVER
CREDIT THE GIVER

REAL A/C: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL A/C: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOME AND GAINS

ASSETS: DEBIT THE INCREASE IN ASSETS
CREDIT THE DECREASE IN ASSETS

LIABILITIES : DEBIT THE DECREASE IN LIABILITIES
CREDIT THE INCREASE IN LIABILITIES

CAPITAL: CEBIT THE DECREASE IN CAPITAL
CREDIT THE INCRESE IN CAPITAL

EXPENSES: DEBIT THE INCREASE IN EXPENSES
CREDIT THE DECREASE IN EXPENSES

INCOME: DEBIT THE DECREASE IN INCOME
CREDIT THE INCREASE IN INCOME

DEBTORS/CREDITORS(PERSONAL A/C)
DEBIT THE DEBTORS
CREDIT THE CREDITORS

IF I AM RIGHT THEN PLEASE MAIL ME
MY ID IS: shyam.info5562@yahoo.in

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / jaibheem

Personal A/C Debit the Reciever
Credit the Giver


Real A/C Debit What Comes
Credit What Goes out



Nominal A/C Debit all Expences on loss
Credit all Income and Gains

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / anuj

Personel A/c Debit the receiver
credit the giver

Real A/c Debit wht comes in
credit wht goes out
Nominal A/c All Exp. And losses Dr.
All income and expenditure Cr

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / bikram

Personel a/c : Debit the receiver
Credit the giver

Real a/c : What comes in Debit
What goes out Credit

Nominal a/c : Debit all Loss and Expenses
Credit all Incomes and gains.

Is This Answer Correct ?    1 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

EXPAND_________WWW

3 Answers  


expand-----KGH

2 Answers  


Realization concepts of revenue?

1 Answers  


What are the reason for negative operating cycle?

1 Answers  


what is difference between fund flow and cash flow

2 Answers   NEC,


sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method

0 Answers  


what is excice duty and where is applicable

1 Answers  


Which document should be attached with purchse & sales invoice?

0 Answers  


why did you want to join banking sectors?

1 Answers  


Supposed we raised the Bill to the party last year. Next year party refused to pay the bill. Now I want write off the ledger of that party. How i make journal entry?

2 Answers  


Expand---------BTSR

1 Answers  


EXPAND______________RRC

2 Answers  


Categories