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What are the golder rules of Accounts ?

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What are the golder rules of Accounts ? ..

Answer / siva

The Accounting rules are 3 tipe

Rule 1(Personal a/c):- Debit the receiver,credit the giver.

Rule 2(Real a/c) :- Debit what comes in,Credit what goes
out.

Rule 3(Nominal a/c) :- Debit all expences and losses,
Credit all incomes and gains

Is This Answer Correct ?    20 Yes 0 No

What are the golder rules of Accounts ? ..

Answer / palakkalfirst

If cash is withdrawn through issue of cheque
Cash Dr.
Bank a/c Cr.
This will result in reduction in bank balance and increase
in the cash balance with you.

Is This Answer Correct ?    21 Yes 2 No

What are the golder rules of Accounts ? ..

Answer / kailash

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 and losses
Credit all Income gain and profit

Is This Answer Correct ?    19 Yes 0 No

What are the golder rules of Accounts ? ..

Answer / smitha

personal account:debit the receiver
credit the giver

real account:debit what comes in
credit what goes out.

Nominalaccount:debit all expenses and losses
credit all income and gains.

Is This Answer Correct ?    18 Yes 0 No

What are the golder rules of Accounts ? ..

Answer / satya

1.Real Account- Debit what comes in
Credit what goes out.

2.Nominal Account- Debit all expenses & losses
Credit all incomes & gains.

3.Personal Account- Debit the receiver
Credit the giver

Is This Answer Correct ?    16 Yes 0 No

What are the golder rules of Accounts ? ..

Answer / azm

Dear Sir ,
How can i know(differentiate between) if this account is
nominal or real or personnal from the transaction that i
want to do.
suppose i withdraw cheque amount of $1000 from the bank.
what is the debit account and credit account and is it real
or nominal?

Is This Answer Correct ?    28 Yes 14 No

What are the golder rules of Accounts ? ..

Answer / abc

agree wid deepak

Is This Answer Correct ?    16 Yes 2 No

What are the golder rules of Accounts ? ..

Answer / jayashri

There are 3 Types in Accounting.
1) Personal A/c
2) Real A/c
3) Nominal A/c

Personal A/c:-
Debit-The Receiver of the benefit
Credit-The Giver of the benefit
Eg:-Capital Introduced by the Proprietor to the business
Rs.5,000/-
Real A/c:-
Debit-What Comes into the Business
Credit-What goes out of the Business
Eg:- Machinary purchased by cash Rs.1,500/-
Nominal A/C:-
Debit-All Expenses And Losses
Credit-All Incomes and Gains
Eg:-Bank Interest Received Rs.500/-

Is This Answer Correct ?    9 Yes 0 No

What are the golder rules of Accounts ? ..

Answer / parvez parishwadi

Personal Account : Debit the receiver, Credit the giver.

Real Account :Debit what comes in, Credit what goes out.

Nominal Account :Debit the expenditure and losses, Credit
the income and gains....

Is This Answer Correct ?    10 Yes 1 No

What are the golder rules of Accounts ? ..

Answer / nadiapervez

1.personal
2..real
3.nominal

Is This Answer Correct ?    7 Yes 1 No

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