Answer Posted / sirajudeen t

GOLDEN RULES OF ACCOUNTING:

I. PERSONAL ACCOUNT:

i. DEBIT THE RECEIVER
ii. CREDIT THE GIVER

II. IMPERSONAL ACCOUNT

1.REAL ACCOUNT:

i. DEBIT WHAT COMES IN
ii. CREDIT WHAT GOES OUT

2. NOMINAL ACCOUNT:

i. DEBIT ALL EXPENSES AND LOSSES
ii. CREDIT ALL INCOMES AND GAINS

whst is detailed information aboutaccounting standards 20to 29

2062

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What is contract accounting?

2348

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differed tax liability

1874

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commisiion recieved journal entry and receipt required

1472

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I have an S Corporation called Trend Foods Inc. I would like to make a division of that company that services computers and call that Trend Computer Service. I do not want to set up another Corporation for Trend Computer Service. Can I just make a division of Trend Foods and what paperwork do I need to fill out to make that happen? Thanks for the help, Jim

2109

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types of inventory

2204

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How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

2507

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i did mba finance in 2010,but i came from life sciences to mba,i know in interview they ask y u came from sciences,so what i tell?pls reply me.

2258

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A specially designed interview book on interviews for accounting Jobs . Pl send your mail addresses for despatch

3779

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what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2575

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Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry

1918

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What is PE ratio formula ?

2488

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why funds management doc is generated during migo and miro

1609

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how will you create the posting periods 3 and 5 or 5and 7?

2109

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What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?

2276

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