Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what are the basic 3 rules of accounting

Answer Posted / raja mohamed

The acconts is followed the three steps or three types.
1. Personnal Account
2. Real Account
3. Nominal Account

Personaal Account is
giver is debit
Reciver is Credit

Real A/c
What comes in debit
What Goes out CREDIT

Nominal A/c

Expenses in debit
Incomes is Credit

Is This Answer Correct ?    5 Yes 12 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the working formula for Working Capital Turnover

2084


In case of cement plant we have to capitalizee locomotive engine my question is about the rate of depreciation on SM basis and category in which it should be capitalize?

2080


what is Derivative Documentation,Derivative Settlements,Derivative confirmation?

2297


what type of a/c these accounts are are tey real, nominal or personal (1)realisation a/c (2)new company a/c(3)equity share holders a/c

2157


Can anyone give comparative data of NPA(non performing assets) of nationalised banks or BANKS IN INDIA for the last 5-10 years if possible with bifurcation substandard doubtful loss asset

2102


Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books

2231


Hi, Please post in here the Aptitude Test Questions given in companies like Thomson, Reuters, GMS, JP Morgan, Northern Trust Bank etc.

6580


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

2328


fill in the Blanks Share Holders in Company have _____________Liability

1956


what is automatic payment in sap fico

2039


Three steps for correction in BRS?

2130


Can anybody send me Interview questions & Answers to me IN Accounts & finance my Mail ID - virupaksha_krt@rediffmail.com

1995


I've just started to work as an accounts executive and intending to take up SAP. Can anyone tell me what are the preparations required for me as an accountant to be a successful SAP consultant.

2109


what are the uniform public construction cost accounting act procedures?

1912


What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2417