What are accounting Principles?
- 152 Answers
- 296733 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / aman
there are three types of accounting principles available:-
1.Personnel Account:- Deals with person individual often
company extra.
* Debit the receiver
* Credit the giver
2.Real Account:- Real accounts are those which are tangeble
in nature an which the business owns.
* Debit what comes in
* Credit what goes out
3.Nomial Account:- These are accounts other than personel
and real includes expences, losses, incomes and gains.
* Debit all expences and losses
* Credit all incomes and gains
| Is This Answer Correct ? | 250 Yes | 87 No |
Post New Answer View All Answers
what if any interviewer ask that why you have taken an AT KT in the exam. what should be a reasonable ansewer?
Why do you want to change your field?
Do you know the difference between Balance of payment and Balance of Trade?
How Many Are the Types of Public Limited Company?
What do you mean by imps?
What is the education qualification required for po exam?
Give few ways of 'money laundering'?
Do you know the concept of Bulls and Bears?
What is composite cost of capital? Explain the process to compute it?
Pass the Journal Entry of Debentures Are Issued at Discount?
explain about your MBA project and what u absorbed nd learned in that time
Will Bankruptcy Wipe Out All My Debts?
What is the monetary policy?
What is Balance of merchandise trade?
hai friends .i applied for icici po callfor in july2010.i have been sortlisted for icici bank po and they fix the appoinment on july 31.so i don't know whether it is an interview or test or gd.can any body attend it already .please tell about it and how to prepare.my email id is anbuselvi16@gmail.com
