Golden rules of accounting
Answer Posted / pradip sawant
Personal A/C : Debit the receiver
Credit the giver
Real A/C : Debit whats comes in
Credit whats goes out
Nominal A/C : Debit all expenses and losses
Credit all income and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Expand-------ATBN
1.provide a brief write up on why you consider yourself suitable for the post voting your major achievements? 2. Mention your position in the hierarchy and the levels above and below you ?
what is meant by transposition error
please send me some previous sbi clerical interview questions to my email id....
what is undisclosed profit? explain
why you choose accounting as your career ? ?
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
What Are The Characteristics Of Modern Accounting?
About Funding Working Capital to a Company? A company Turn over is 12 Cr, but in the bank statement credits per month is more that 3 Cr? how this could happen? awaiting your views?
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
where we use the convetion of conservatisam in real life??
what is a Depository Participant?
im preparing for the sbi clerical post please send me the solved questions.
What will be the consequences if the partnership is not registered
fiscal year variant Vs posting period variant