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
how to prepare HSD statements in tally
what is mba tell me the more benefits in mba
Who is called consignor
How is the expenditure of developing a modified product treated?
Short answer on Allowances
While posting of FB50 entry therE showing errro msg " NOT ASSIGN COMPANY CODE OR CALCULATION PROCEDURE"
joint venture?
how Mis reports are used?n why it is used ? explain
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
Expand---------DEP
What is Mean By FRS for HQ reporting, How To Prepare?
fridge was capital or revenue?
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
what is the use of accounting standards
What is outsider equity and time interest period ratio?