Answer Posted / md. irshad alam

Personal Account
Debit the receiver and credig the giver.

This rules apply in Personal account. Like- Bank Account,
RAj Account.
etc.

Real Account
Debit what comes in and credit that goes out.

Nominal Account
Debit all expenses and credit all incomes.
example.-rent a/c, staff a/c. petrol a/c, conveyance a/c,
interest a/c, discoount a/c etc.

sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest

2260

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What is the process of VAT & CST Registration?

2527

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how to make a project accounting in tally erp9 ?

6826

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what is the reason for balance sheet not getting tallyed

2250

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Distinguish capital and revenue expenditure

2121

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after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.

2408

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intorduse your self ? what to say if iam fresher.

2611

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Short Answer on _________Accounts Receivable

1936

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i am the student of icwai (intermidiate) What is the tds and how use the different state ..

2128

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What is Accommodation Bill

2395

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can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com

2055

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what is transposition-cum-demat?

2523

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Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L

2537

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If income and expense both are equal then what it depicts

1944

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What is revaluation of assets.when it occurs

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