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 is absorbtion coasting?

2268


give the examples of Error of Duplication?and Error of compensatin? with entries

4683


Short Answer on __________Revenue

1914


Why do you want to work with us

2290


1. what is responsibility of inword & forward agent ? 2. how to control cash expenses give five step ? 3. what is Vat 3. how many type of depreciation

2005


Expand---------OST

2192


How now about sales tax and purchase tax.what is the persentage of those thing in tamil nadu.

2362


What are the stages involved while preparing business blue print with examples?

797


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

2213


How to enter PO in SAP

1939


How you implemented a chargeback system?

2238


what are the type of cash flows?

2713


What is Trade Recovery Estimate and how can we calculate it?

1979


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

2088


what are the payroll procedures?

2212