Golden rules of accounting
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Answer / dinanath
Personal A/C
Debit The Receiver of Benifit
Credit The Giver of Benifit
Real A/c
Debit What comes in
Credit What goes out
Nominal A/c
Debit All Exps.& Loses
Credit All Gains & Profit
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kishan goswami
Re: 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 and losses
Credit all incomes and gains
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / sushil kumar tiwari
PRESONAL
DEBIT :- THE RECEVER
CREDIT : THE GIVER
REAL
DEBIT :- WHATS COME IN
CREDIT : WHATS GOES OUT
NOMINAL
DEBIT :- ALL EXPENCE AND LOSES
CREDIT : ALL INCOME AND GAINS
| Is This Answer Correct ? | 3 Yes | 1 No |
Answer / avinash dixit
Real A/c Debit what comes in
Credit what goes out
Personal A/c Debit the Receiver
Credit the Giver
Nominal A/c Debit all exepenses & losses
Crediot all incomes & gains
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / veeranagouda patil
PersonalA/c: Debit the receiver Credit the giver
Real A/c: Debit what comes in credit what goes out
Nominal A/c: Dibit the Expenses Credit the gains
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / raghvendra pratap singh
personsl account
debit the giver
credit the receiver
real account
debit what's comes in.
credit what's goes out.
nominal account
debit all expense and loss.
credit all income and gains.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / kadlag macchindra sambhaji
Personal A/c- debit the receiver
credit the giver
Rear 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 ? | 2 Yes | 0 No |
Answer / sushan t d
PERSONALA/C:DEBIT THE RECEIVER
CREDIT THE GIVER
REAL A/C :DEBIT WHAT COMES IN
:CREDIT WHAT GOES OUT
NOMINAL A/C :DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sanjay nayak
Personal A/c-Debit the receive
Credit the Giver
Real A/c-Debit what comes in
Credit what goes out
Nominal A/c-All expenses and losses are debit
all income and gain are credit
| Is This Answer Correct ? | 2 Yes | 0 No |
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Expand----------STO
42. G.Simkins sends back stock to J.J. Fabrics (a supplier), having originally purchased it on Credit. J.J. fabrics issued a Credit note for the value of these goods. In simkins’ books, the double entry for this transaction should be. a) Debit : J.J. Fabrics; Credit purchases b) Debit : purchases; credit J.J. Fabrics c) Debit : J.J. Fabrics; credit purchase returns d) Debit: purchases returns; credit J.J Fabrics.
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Cn i know full information about ESI & PF.
Audit 
