Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


can anybody expalian about modern clasification of accounts



can anybody expalian about modern clasification of accounts..

Answer / satyanarayana raju

To speed up journalisation of transactions accounts were
brodly clasified into 5 catogories
Group Rules for Debit and Credit

1.Capital Credit increases debit decreases
2.Liabilities Same as above
3.Incomes and Gains Same as above
4.Assets Debit increases and Credit decreases
5.Expenses and losses Same as above

Is This Answer Correct ?    3 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

Short Answer on ______________Import Trade

0 Answers  


Machinery Rate is 12000/- and residual value is 2000/- and life span is 10yrs.Calculate the dep in Straight line method.

8 Answers   Genpact,


EXPAND___________LTC

1 Answers  


all of interview question about coop bank of oromia

0 Answers  


Expand F A Qs

2 Answers  


what is the working formula for Quick ratio

7 Answers  


what is ment by master in tally?

1 Answers  


Difference between material in transit and capital work in progress

3 Answers  


I want to become CFA so kindly provide me all information regarding this like fees structure,colleges in mumbai,duration etc.

0 Answers  


what is difference between fund flow and cash flow

2 Answers   NEC,


expand S E B I

9 Answers  


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

0 Answers  


Categories