Answer Posted / sumancwa
These 3 principles are called Golden Principles of Accounting.
1. PERSONAL ACCOUNT:
Debit the Receiver and Credit the Giver.
2. REAL ACCOUNT:
Debit what come In and Credit What Goes Out.
3. NOMINAL ACCOUNT:
Debit the Expenses and Losses and Credit the Gains
and Profits
| Is This Answer Correct ? | 32 Yes | 0 No |
Post New Answer View All Answers
what is mean by tax holiday?
why your choseing bank of america
Treatment of Government grant and its utilization in P
1) What is the steps of delisting the listed company 2) How to spliting the listed company shares 3) Which way the company should function when it has paidup capital is equal or more than 5,00,00,000/- (I mean which way the company should do it work in the company Act 1956. Is the company have to appoint a CS and and managing director of a any other things which is compulsory for these kind of company which paid up capital is 5,00,000/-
when will be appsc exams will held pls give me the dates
Does provisions need to be subtracted from reserves if net worth is calculated on the basis of share capital based method
Can anybody tell when sbh dispatches appointment letters for Clerical for people completed medical and scrutiny of documents on 15/08/09?
analyses of Cost control
I want to validate Customer credit payment with customer invoice, When billing time, the system check the customer credit payment, if customer credit is lesser than customer bill, system should not allow the billing further process. Can I configure in sap
MY QUESTION IS THAT IS WHEY WE SELL THE UPS IN THE MARKET BUY FROM THE IMPORT WHAT THE DUTY WE WILL FORWARD TO THEM.
what is meant by search report of the company n why is it prepared?
what is the abrevation for JJ in form jj
How does a bank or financial institution calculate COGS? What are the 'direct' costs of a loan or deposit revenue operation?
Information regarding shop & establishment registration of propiertor ship & require document for this
STATE THE DIFFERENCE BETWEEN BANKING FIS AND NON BANKING FIS
