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 are the golden principle of accounting?

Answer Posted / vinay

Golden Principles of Accounting :

Personal A/c : Debit the receiver and credit 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 ?    107 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?

2129


i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz

1878


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

2012


Expand SOIT

1907


What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.

2223


What is ABC Analysis in industrial function. hw can it s maintain ?

2296


if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1847


You are working in a Company but due to certain reasons you were not able to complete the work given to you on time, so to write a Letter of Apology to your Senior regarding it.

2536


your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework

1886


Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?

2210


what is participation right is it a debt? or not?

2227


i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

2383


What is meant by advance ruling? What is the scheme of advance rulings?

2021


how to entry of hra

2267


what is the uniform public construction cost accounting act?

1998