Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / aditya srivastava
1)PERSONAL ACCOUNT
Debit the receiver.
Credit the giver.
2)REAL ACCOUNT
Debit wat comes in.
Credit wat goes out.
3)NOMINAL ACCOUNTS
Debit all expenses and losses.
Credit all incomes and gains.
| Is This Answer Correct ? | 8 Yes | 3 No |
Post New Answer View All Answers
My balance sheet is tallied. But there is a difference of RO 1 in cash flow. How to adjust ?
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
What are direct income and indirect income
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
What exactly is derivatives segment. can u explain futures and options with examples...
Distinguish capital and revenue expenditure
All shot cut key use in the tally software & it's uses
Give some questiong with anser with are usally ask to the interviewer in interview. Please give answer with detail.
what do u mean by arrear basic or arrear hra?
EXPAND___________IMF
HOW MANY ACCOUNTING STANDARDS ARE PREVAILING IN INDIA AS DECLARED BY ICAI
---------is the main or principle book of accounts
Should I have perfect credit score, that is, above 800 credit score?
Explain about Fixed capital
Do you need an income statement if you do part time contract work at home?
