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...

What is personal Account?

Answer Posted / rajesh

accounts there are 3 types, personal,real,nominal.
personal : credt the giver
debit the receiver
real : what comes in debit
what goes out credit
nominal : all expenses debit
all income credit

Is This Answer Correct ?    11 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

state and explain THREE types of situation to which accounting concept might be applicable

2095


what are the questions commomly asked in reuter's interview.?

2271


Example for extra ordinary expenditure?

2681


what is automatic payment in sap fico

2066


I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.

1887


Short Answer on -----Trade mark

1880


please give me a last 10 years sbi clerk question and answer paper

1941


What do you think you do well?

17175


The cost equation y= $0 + $1.60x represents which type of cost? Variable, Fixed, or Mixed

2135


What is Direct Debit

2215


EXPAND_________SEC

2208


EXPAND___________IMF

2162


From the following find out a. Profit Volume ratio b. Break even point c. Sales for 40% P/V Ratio d. Margin of safety from the sales Rs 3,00,000 e. Net profit from the sales of Rs 3,00,000 f. Required sales for the new profit of Rs 70,000 g. Required sales for the net profit of Rs 70,,000 after tax, the corporate income tax being 40% h. Additional sales required to convert an increase of Rs 3000 p.a. in the sales manager salary Sale 2,00,000 Variable Overheads 1,50,000 Profit 50000 Fixed overheads 15000 Net profit 35000 Sl No Heads of Account Debit Rs Credit Rs 1 Drawing and Capital 750 15,000 2 Stock as on 01.01.2009 69720 3 Bills Receivable and bills payable 1000 1180 4 Returns 300 320 5 Purchases and Sales 4500 8300 6 Wages 70 7 Discount 30 8 Salaries 200 9 Canara Bank Shares 3000 10 Insurance 120 11 Building 3000 12 Furniture 700 13 Debtors and Creditors 600 1300 14 Cash in Hand 470 15 Overdraft at bank 900

2103


what is capital market and money market? what is primary market and secondary market?

2182


differences between liabilities and assessts

4308