What are accounting Principles?
- 152 Answers
- 298000 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / shoukatali
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER
| Is This Answer Correct ? | 83 Yes | 107 No |
Post New Answer View All Answers
What are the different types of tools provided to the investors to keep track of the activities going on in the stock market?
What is 'consolidated fund'?
what is group in Tally ERP 9?
What does GSLV stand for?
How To Create User Account?
How may development banks are there in india and name them?
What are 'carbon funds'?
What is promissory note (pn)?
How many types of subsidiaries does rbi have?
What is pgdbo program?
Explain with any real or imaginary example, the four generic Strategy Alternatives for Marketing
How will you define public expenditure?
Expand MSR.
What Is The Difference Between Product Costs And Period Costs?
What is NSDL?
