Interested to Buy Any Domain ? << Click Here >> for more details...
What are the 3 Basic Rules in Accounting.
- 167 Answers
- 598660 Views
- AAA, ABC, Accenture, Amba Research, Birla Sun Life, CTS, CWDF, DELL, Franklin Templeton, iGate, IHP, JPMorgan Chase, Lexi Pens, Mastek, Trinity Technologies, VC Engineering, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / mohammed herber
3 basic rules are
Dr. the receiver personal a/c
Cr the giver personal a/c
Dr whats come's in real a/c
Cr whats goes out real a/c
Dr all expences & losses nominal a/c
Cr all income and gain nominal a/c
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / mahesh
There are three basic rules in accounting
Real Account: what comes in--Dr
what goes out-----Cr
Personal Account:the receiver--Dr
the giver--------Cr
Nominal Account: All expenses and losses--Dr
All income and gains-------Cr
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / anu
Personal account
Debit the receiver
credit the giver
Real account
Debit what comes in
Credit what goes our
Nominal account
Debit all expenses and losses
Credit all incomes and gains.
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / deepak
personal a/c
debit what comes in
credit what gose out
Real a/c
debit the reciver
credot the gover
nominal a/c
debit all exp/losses
credit all gain/profit
| Is This Answer Correct ? | 2 Yes | 4 No |
Who to create a budget on software company
HOW TO EXPORT ANY LEDGER/VOUCHER IN TALLY IN EXCEL FORMAT. AND HOW CAN WE SEE THE SAME.
Golden rules of accounting
369 Answers Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS,
What is the TDS ? what is fORM C & FORM 16A?
what is reumbursment.
What is ment by MIS reporting?
27 Answers Deloitte, Hotel Jobs,
Expand ________ABC
What is Mean By FRS for HQ reporting, How To Prepare?
what are concepts and conventions of accounting
25 Answers CDLE, Infosys, Netco, TCS,
How can i do the entry of of service tax in tally.
what is mean by credit note and debit note?
what are the certificates needed at the time of SBI clerical interview?
0 Answers ICICI, State Bank Of India SBI,
Audit 
