What are accounting Principles?

Answer Posted / muhammad qaisar ishfaq

Personel account;The element or account which represent the
person orginzation.
Real account;The account which represent the assets.
Nominal account;The account which represent
expenses,losses,gain.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the entry done partner ship Deed?

1843


When was NABARD set up?

776


Explain what is cash equity?

637


What About Co-signers?

693


What is a leveraged buyout?

699






What Is Debt-to-income Ratio?

740


Under which act were the state bank of india and its subsidiaries nationalised?

596


The rule of the Risk management provides a basic framework within which risk management decision can be made .Doscuss.

1959


What is the basic difference between re-insurance and insurance claim handling?

600


What do you mean by cash credit?

562


Who is co-operative bank regulator?

651


How often you visit different places? Are you comfortable in relocation?

620


What is Under Subscription?

649


what is the role of RM? service banker?

2200


Accounts payable questions

1165