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...

principles of accounts

Answer Posted / shiv

There are 3 principles in accounts

Real Account - Dr what comes in and credit what goes out
Nominal Account - Dr all expenses and losses and credit all
incomes and gains
Personal Account: Dr the receiver of the benefit and credit
the giver of the benefit

Is This Answer Correct ?    8 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is Merger?

2367


genpact uk based shift timings? and R2R job profile?

2285


what is accounting in automobile

2123


Which Invoice issued on Central Sale Commercial or Retail?

2037


How does the accounting treatment of a partner's salary differ from that of an employee's salary in a partnership?

2162


Being BE student why you want to join bank?

2392


Short Answer on ______Transaction

2111


Give me total Details of payroll calculation, payslip with examples.

2669


What is Purchase Requisition means? Why we used this in MM Module in SAP? what is t.code of it?

2046


Interest earned on investments is an__________

2122


The Analysis of flow of funds through an organization can be very useful to the managment. Elucidate

2479


differed tax liability

1856


Expand-------NBTA

2099


What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times

2521


what is the main difference between nse & bse operations

2037