What are the 3 Basic Rules in Accounting.
Answer Posted / devraj
Personal A/c
Debit;Receiver of the benefit,
Credit;Giver of the benefit,
Real A/c
Debit;All asset comes in,
Credit;All asset goes out,
Nominal A/c
Debit;All expenses & Loses
Credit;All profit & gains
| Is This Answer Correct ? | 22 Yes | 2 No |
Post New Answer View All Answers
Expand-------ANTS
How many types we are received funds in business purpose
What is revaluation of assets.when it occurs
What Is The Limitation Of Remuneration Allowed If Book Profit Is 375850 In A Business Firm And In A Professional Firm?
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
I need all WNS interview questions
How to reconsile vendor accountswhat to add and subtract is there any standard form please get me answer
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar
distinguish between Bill of Exchange and Promissory Note
What is the GDP growth?
Define Payee
Debit Note & Credit Note?
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
what is non stock?