What are the golder rules of Accounts ?
Answer Posted / shailendra kumar
GOLDEN RULES OF ACCOUNTING are: 1. Debits ALWAYS EQUAL
Credits;
2. Increases DO NOT NECESSARILY EQUAL Decreases; and,
3. Assets - Liabilities = Owner's Equity (The Accounting
Equation).
Is This Answer Correct ? | 33 Yes | 55 No |
Post New Answer View All Answers
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
what are all the formulas used in bank to calculate their economy
Can i make invoice when my client apply for TIN Number ?
what you mean by cross dunning
What is Direct Debit
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?
In Oracle Applications will Translation will create any journal entry then what is the journal entry what are the accounts affected
Dear Sir/Madam, Executive Trainee...Finance I had been called for NTPC Group discussion and GD please guide me for getting success in GD and interview...
sir i am working consruction company.we have 4 projects in varrious places.i enter attendance in payroll by project wise.if enter autofill salaries combained all projects.i want individual salaries base on attendance feeding method.because staff are changing in one project to another project offenly.please explain method
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
Expand SCERT
What are the names of the codes which are needed for RTGS ? Payment and wire transfer respectively ?
what can increase gearing?
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?