Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 723543 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / m.meyyappan
Personal account:Debit the receiver
Credit the giver
Real Account :Debit what comes in
:Credit what goes out
Nominal Account :Debit all expenses & losses
:Credit all Receipts and gains
| Is This Answer Correct ? | 8 Yes | 2 No |
Post New Answer View All Answers
Which Exchange determine Foreign ?
Expand BEMS
In what cases can Convertible bonds be considerred as derivatives?
How goodwill is accounted for the first time in a company .
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
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
how to maintain stock if any entry mismatch pllzz tell me short cut
what is cost accountinp
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
How do the standards assist the users of financial report?
Fiscal year variant F1 has 6 posting periods and fiscal year variant F2 has 4 posting periods. The posting have different start and ending dates.assign posting period variant F1 is assigned to leading ledger (0L) and F2 is assigned to the non-leading ledger(N1). You get an error message when making a posting in the non-leading ledger.?( any 1 answer) • The posting period variant of the non-leading ledger and the leading are different • The fiscal year variant of the non-leading ledger and the leading ledger are different • The posting is being made in a special period, but both variants are examples of a shortened fiscal year • The posting period for the non leading ledger group”N1” is closed
What are the things are not Included in Annual Reports?
how to mention last year profit of ay private limited company in current year balance sheet ?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
Short Answer on _____________Accident Insurance
