Answer / madhu poor

1.Personal Account : Debit The Receiver Credit The Giver
2.Real Account : Debit What comes in Credit What Goes
Out
3.Nominal Account : Debit all expenses and losses Credit
all gains and incomes

Examples Respectivesly:
1. Bank,Mr.Yogesh, Bajaj co.ltd, hospitals,etc.
2. Furniture, Machinary, Building, cash etc.
3. Dividend,commision , interst etc.

what are the golden rules of accounts and the items of personal accounts,real account,nominal accounts?

3 Answers  

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Eleven lakh eleven thousand eleven hundred eleven writing in number

5 Answers   JLS,

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what is debit/credit note ? what deffered income and expencess?

0 Answers   Intelenet,

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Expand ________FIPB

0 Answers  

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what is accrual prepayment? Define capital A/c &revenue. Define golden rules. meaning of share capital and its entries

1 Answers   e Serve,

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is India apply IFRS now?

1 Answers  

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Define The word LOSS in terms of business

1 Answers  

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6 Answers  

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What is Suspense A/c?

15 Answers   Access, Mafoi,

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Expand ------DFO

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what is npa & what are the different types of NPA?

3 Answers   State Bank Of India SBI,

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can aney one explain it what is spin off / split off ?

2 Answers  

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