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 are the 3 Basic Rules in Accounting.

Answer Posted / bhuvaneshwari.r

Personal A/C :- Debit the receiver
Credit the giver

Real A/C :- Debit what comes in
Credit what goes out


Nominal A/C :- Debit All Exp and Losses
Credit all Incomes and gains

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

fd redeem interest and principal entry in tally

1259


why the closing stock is not considered in drawing trail balance.... Are there any other items like the above

2484


describe the most complex challenge that you have faced and how you managed it

2305


Distinguish between sale and consignment

2060


Do you need an income statement if you do part time contract work at home?

2225


Expand-------ASRT

2243


with out college degree con't we dc accounting job?

2023


Short answer on _______Amendment

2010


what are the type of cash flows?

2777


what are the differences between Tally and Focus?

7987


what is budgetory control and what are the types

2500


am attend to bank exam(iob)pls send model questions

2279


Expand---------BPCD

2084


capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)

2336


Your company code use USD as the company currency. You are trying to post to an account in EUR but get an error message that you can see the problem. What is the reason?( any 1 answer) • The currency maintained in the account master record is USD • The translation rate between EUR and USD is NOT maintained • The only balances in local currency indictor is set in the account. • The account determination for exchange rate difference is missing for the account

2264