Interested to Buy Any Domain ? << Click Here >> for more details...
What are the golder rules of Accounts ?
- 35 Answers
- 88217 Views
- Abhipra, Accenture, Bajaj Allianz, Blue Star, Genpact, HP, IBM, TCS, Wipro, I also Faced
- E-Mail Answers
Answer Posted / khazi raza mohammed
There are 3 golden rules in Accounting..
1. Personal accounts:-
Debit the receiver.
Credit the giver.
2. Real accounts:-
Debit what comes in.
Credit what goes out.
3. Nominal accounts:-
Debit all expenses and losses.
Credit all incomes and gains.
| Is This Answer Correct ? | 4 Yes | 0 No |
Post New Answer View All Answers
Give me total Details of payroll calculation, payslip with examples.
how there face in lvbank interview
why you choose accounting as your career ? ?
What is deffered income
What is the Accounts Payable & Accounts Receivable ?
what is the difference between sap and sas?
What Is Depreciation, and from which date do we charge Depreciation for an asset ?
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
What is EBITDA
Expand-------NBTA
why do think you are best candicate for this post.
Expand---------SDRT?
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
Dear Friends, Please help me with the below, I am new to the current company and newly accountant. My question is, In Balance sheet, Cash in Drawer is showing excess amount and I could not tally it with sales. Please guide me how do I need to tally CASH IN DRAWER? I don't want to reconcile. I only want to tally. Please help. Thanks in advance.
How to answer for the question, tell me about ur project? I mean in which format can i say?
