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...

What is Real account?

Answer Posted / abhis

A real account, as it indicates it is the REAL ACCOUNT
which records the transactions related to the purchase and
sale of Assets.
The Golden Rule of Real Account:
Debit WHAT COMES IN
Credit WHAT GOES OUT

Is This Answer Correct ?    3 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are the different negotiable instruments?

1057


Is the leader and manager same for any organization?

1002


Why should a business prepare fund flow statement?

1092


Explain liquid ratio/ acid ratio/ quick ratio.

1061


How will you define the role of SEBI?

1065


What is discount accretion?

1061


What do you mean by National Rural Employment Guarantee Act (NREGA)?

1105


What Is Home Equity Loan?

1127


What Personal Characteristics Should A Bank Clerk Possess?

1172


Why would two companies merge?

1123


On which factors scc depend?

1167


What Is A Put Option?

1086


What would you personally invest in?

1062


What do you mean by 'non-plan expenditure'?

989


Tell something about Pradhan Mantri Jan Dhan Yojna?

1025