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Golden rules of accounting..

Answer / s.saranya sriram

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 1 No

Golden rules of accounting..

Answer / ganesh

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 & losses
Credit all incomes & gains

Is This Answer Correct ?    1 Yes 1 No

Golden rules of accounting..

Answer / alok rai k.v.khanapara

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 1 No

Golden rules of accounting..

Answer / krishnakumar

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 & Assets
Cr. All incomes & gains & losess

Is This Answer Correct ?    1 Yes 1 No

Golden rules of accounting..

Answer / basil khan

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 1 No

Golden rules of accounting..

Answer / satish kakade

Personal A/c.- Dabit The Receiver

Credit The Giver

Real A/c.- Debit What Comes In

Credit What Goes Out

Nominal A/c.- Debit All Expences & Losses

Credit All Incomes & Gains

Is This Answer Correct ?    1 Yes 1 No

Golden rules of accounting..

Answer / dsfsfsfssdsdsdfs

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Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / harshal mantri

Golden Rules of Accounting

Personal Account : Debit the Receiver.
Credit the Giver.

Real Account : Debit What Comes In.
Credit What Goes Out.

Nominal Account : Debit all Expenses/Losses.
Credit all Incomes/Gains.

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / banibrata patra

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 1 No

Golden rules of accounting..

Answer / kalla lakshmaiah

personal account;debit is the receiver
credit is the giver


real account ;debit what comes in
credit what goes out


nominal account ;debit all expences&losses
credit all income and gains

Is This Answer Correct ?    1 Yes 1 No

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Expand------CCEA

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libilities accounts come under what type of accounts(under real, nominal or personal) if its nominal, generally nominal will not come in balance sheet, why we shown in balance shhet?

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WHICH IS MORE RISKY TO A BANKER, A CASH CREDIT OR A LETTER OF CREDIT

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