What is the three rules of Account & what is debit and
credit
Answer Posted / madhuri.a
There are 3 fundemental rules for accounting.
1. personal a/c
2. reala/c
3. Nominal a/c.
While coming to Accountancy Here Debit Means "What Comes IN"
&Credit means "what Goes Out".
Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
Define Salry for the following purpose 1.To calculate HRA
Expand---------PSRT
Please explain a Representative Personal Account.
What is corporate restructuring?
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
Expand-------CAN
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.
How do the standards assist the users of financial report?
difference between vat 47 & vat 49
I was born on 4th may 1981 iam i eligible to apply for SBI clerical job vacancy
Under the accrual basis of accounting incomes are recognised at the time -------------------
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
Debit Note & Credit Note?
How to answer for the question, tell me about ur project? I mean in which format can i say?