Interested to Buy Any Domain ? << Click Here >> for more details...
What are the 3 Basic Rules in Accounting.
- 167 Answers
- 602804 Views
- AAA, ABC, Accenture, Amba Research, Birla Sun Life, CTS, CWDF, DELL, Franklin Templeton, iGate, IHP, JPMorgan Chase, Lexi Pens, Mastek, Trinity Technologies, VC Engineering, I also Faced
- E-Mail Answers
Answer Posted / christopher
Personal account - Deals with the live persons eg.,Ram,Chris etc
Debit the Receiver
Credit the giver
Real Account - Deals with the cash
Dedit what comes in
Credit what goes out
Nominal Account - Deals with the Expenses & Incomes
Debit all the Expenses & Losses
Credit all the Incomes & Gains.
| Is This Answer Correct ? | 146 Yes | 20 No |
Post New Answer View All Answers
cash sales and credit sales both are asset or liability?
How are fund-raising and publicity and management and administration costs apportioned over funds?
Short answer on Allowances
i am the student of icwai (intermidiate) What is the tds and how use the different state ..
Is TDS applicable to Voice Over IP(VOIP) service to an India VOIP service provider? please provide the related acts and case studies.
what is meant by qurum
Feature of Master letter of credit of Garments manufacturing company?
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
what is investment banking
what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?
We are working as Merchant Exporter. My Question is can we Sale the products against 'H' Form to the Exporter after purchasing the material against 'C' Form? Or only Manufacturer can make sale against 'H' Form.
what is article of association? what is memorandum of association?
Explain about Fixed capital
What is the analytical way of accounting?
we are in contraction business, we purchase raw material and paid tax on related material, suppose we want to bill to our party in WCT?
