Answer Posted / hitesh kumar mandani
Personal A/c - Debit the Receiver Credit the Giver
Real A/c - Debit what comes in Credit what goes out
Nomunal A/c - Debit all expenses & losses credit all income
and gains
| Is This Answer Correct ? | 9 Yes | 0 No |
Post New Answer View All Answers
Can CPF share given by govt. added in the Financial gross salary while calculating Total gross salary at the end of Financial year.For eg: My gross salary is Rs.X during a Fin. year & govt share of CPF is Y then Total Fin. Year gross salary is =X+Y,is it correct?
what is difference among credit, loan, advance
How much mathematics knowledge is necessary or required in accounting?
I select in Vendor Master - in defualt data material - Purchasing Group as a Subcontractor but how to get report or list only Subcontractor Vendor Master in sap?
can we change date in tally.erp s/w in educational mode ?
Explain what are the rules for debit and credit for different accounts to increase the amount in your business accounts?
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?
accounting principles, accounting concepts,meaning of managment and financial accounting and cost accounting.
Can you send me advertisement format for lost of E-1 form. kindly do the needful urgently. Thanks AP
What is bad debt expense?
What is the provision? What is the entry for provision?
what is the amount withdrawlfrom other cbs branch by multicity chequ book.
List out some of the examples for liability accounts?
When we received payment from creditors
what will be the treatment of preliminery expenses if due to preliminary expenses being written off there results a loss?