Answer / navin jain

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 RECEIVER
CREDIT THE GIVER

Answer / harsh agarwal

Personal A/c : Debit the receiver
Credit the giver

Real A/c : Debit what comes in
Credit what goes out

Nominal A/c : Debit Loss and Expense
Credit Profit and Gains

Answer / ranganathan

Real A/c : Debit What is comes in
Credit what is goes out

Nominal A/c : Debit All Expenses & Loses
Credit all Income& Gains

Personal A/c : Dedit the Receiver
Credit the GIver

Answer / rahul raj

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 RECEIVER
CREDIT THE GIVER

Answer / aashutosh bishwas

Real A/c : Whats comes in Debit
Whats goes out Credit
Nominal A/c : Debit All Exp. & Loses
Credit All Profit & Gain
Personal A/c : Debit the receiver
Credit the giver

Answer / manjunath kasar

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

REAL A/C : DEBIT THE RECEIVER
CREDIT THE GIVER

NOMINAL A/C : DEBIT ALL EXPENSES & LOSES
CREDIT ALL INCOME & AND GAIN

Answer / venkataraman k

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.

Answer / syed

real a/c : Debit comes in
credit goes out

nominal a/c : debit all expenses & losses
credit all profit & gain

personal a/c : debit the receiver
credit the giver

Answer / anant koundal

PERSONAL ACCOUNT : DEBIT-THE RECEIVER
CREDIT- THE GIVER

REAL ACCOUNT : DEBIT-WHAT COMES IN
CREDIT - WHAT GOES OUT

NOMINAL ACCOUNTANT: DEBIT- ALL EXPENSES & LOSSES
CREDIT- ALL INCOME GAIN

Answer / kajal shah

account debit credit

personal A/c the receiver the giver


nominal A/c all expenses& all income &
losses gain (profit)


real A/C what comes what goes
in out

where do you get Capital Expenditures?

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What is BRC & FIRC

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Expand-----SICA

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What type of report and accounts should a company prepare?

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What is Income Statement ?

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What is mean by secured loans?

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What is Earning per share?

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PLEASE EXPLAIN DEBIT NOTE & CREDIT NOTE?WITH THE FOLLOWING QUESTION? 1)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS SUPPLIER(CREDITOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS? 2)IF X LTD.SOLD MATERIAL @ RS.112500/-WITH INCLUSIVE VAT @ 12.5% TO HIS CUSTOMER(DEBTOR),BUT AFTERWORD THEY FOUND THAT THE MATERIAL COMES UNDER 5% VAT RATE CATEGORY.SO HOW THEY ADJUST THEIR LOSS RS.7500/- IN THEIR BOOKS?

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how to a/c in all bank passbook entry in tally erp 9 and all bank passbook short form informetion

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Is depreciation a expense or income?

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Q1. Assuming that a firm pays tax at a 50 percent rate, compute the after tax cost of capital in the following cases: 1. A 8.5% preference share sold at per. 2. A perpetual bond sold at per, coupan rate of interest being 7per cent. 3. A ten year, 8 per cent, Rs. 1000 per bond sold at Rs. 950 less 4 percent underwriting commission.

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This question was in opi final round u give a loan for your friend a 1000 rs he returns 600 rs and u have to close ur accounts what should u do to close the accounts? and what is journal entry?

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