Answer Posted / pankaj

Real account
Debit what comes in
Credit what goes out
Personal account
Debit the receiver
Credit the giver
Nominal Account
DEbit all expenses and loss
Credit all income and gains

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What are different types of reports made in tally

1807


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

1713


Comments Elements in accounting

1405


what is tds rate of WCT applay for sale tax ragistard company.

2058


example of aptitude ns

985






i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise

1819


Difference Between Revenue & Capital Expenditure (Give an Example of each )

1657


DEfine SAP

1653


Why does one need a broker?

1829


Short Answer on __________Event

1558


How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?

2450


genpact uk based shift timings? and R2R job profile?

1574


Expand-------CAN

1440


How to maintain Purchase Orders ? Please explain by proper format.

1804


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

1596