Interested to Buy Any Domain ? << Click Here >> for more details...
what is the three basic rules of accounting?
- 3 Answers
- 7298 Views
- TATA, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / padmanabhan
Three basic rules are
1. Debit the receiver; Credit the Giver.
2. Debit What comes in; Credit what goes out
3. Debit All expenses and losses; Credit all incomes and
gains.
Padhu
| Is This Answer Correct ? | 22 Yes | 0 No |
Answer / madhu poor
Three rule of account.
1) Personal
2) Real
3) Nominal
Three basic rules are
1. Debit the receiver; Credit the Giver.
2. Debit What comes in; Credit what goes out
3. Debit All expenses and losses; Credit all incomes and
gains.
| Is This Answer Correct ? | 6 Yes | 0 No |
Answer / nagarjuna
it is also called "golden rules of accounting". there are 3
rules.
1.PERSONAL ACCOUNT:-
DEBIT :who is benefits get from company. (receiver)
CREDIT:who is give benefits to the company (giver)
2. REAL ACCOUNT:-
DEBIT : What comes in
CREDIT: What goes out
3.NOMINAL ACCOUNT
DEBIT : All expenses and losses
CREDIT: All incomes and profits
| Is This Answer Correct ? | 6 Yes | 0 No |
How do the standards assist the users of financial report?
Name any 3 heads shown under assets side of balance sheet.
Short Answer on____________Analysing
WHAT ARE THE TDS RATES ON VAT IN ANDHRAPRADESH STATE.
Expand ________BPO
How to calculate india GDP growth rate?
expand B C T T
Credit Paurchases
how to calculate basic in provident fund under salaries?
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
if sale aganst c form interstate sale.when i file the return party not give me c form then give by our company wich type panelty give me detail?
In which account does tea and xerox will be taken into consideration
Audit 
