Golden rules of accounting
Answer Posted / prasathmani
PERSONAL A/C
DEBIT IS THE RECIVER
CREDIT IS THE GIVER
REAL A/C
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL A/C
DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 10 Yes | 2 No |
Post New Answer View All Answers
service tax form no ? What is CC Limit ? What is branch accounts?
Name the Accounting Concepts
i engaged with the accounts of manufacturing concern, i have a question when we purchased a fixed assets and after this we put the fuel in this for trial then this fuel is our also capital exp
Explain about Fixed capital
Expand BEMS
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
• What is depreciation and the method?
i want report country wise with invoice number for gl account
what do you meant auction? what is F & o segment?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
whts is the meaning of over cost and under cost, what is difference ?
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
EXPAND_________SDJMC
what is composition vat
What are the major responsibility's of an accountant? what are the qualities he /she requires?