Answer Posted / prashanthi

3 basic rules in accounting

personal account:persional accounts are accounts of persons
with whom a concern carries on business.
debit is the receiver
credit is the giver
Real accounts:accounts relating to properties or assests of
a trader are known as real accounts
debit what comes in
credit what goes out
nominal accounts:accouts dealing with expenses losses,
gains and incomes are known as nominal accounts
debit all expenses and losses
credit all incomes and gains

what is meant by transposition error

2073

---

can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com

2129

---

how we will prepare n file income tax returns for individuals?explain

2252

---

Weather Entry tax on consumable goods purchased against CST

2178

---

Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

2096

---

how there prepare bank interview

2195

---

WHAT IS GENERAL LEDGER HOW MANY TYPES OF IT, AND WHEN GL WILL USE IN WHICH SITUATIONS DESCRIBE ME

2105

---

What is corporate restructuring?

2577

---

Define `Realisation` Account? Explain the salient features?

3159

---

define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09

2215

---

Please do tell me about the questions which are asked at BACS FINAL ROUND.

2219

---

Short Answer on ______Budget

2011

---

How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing

2267

---

What is the use of final account?

1881

---

why should i hire you? what are your outside interest? what was your toughest decision you ever have to make?

2245

---