What are accounting Principles?
Answer Posted / abbas.h.musani
three types of account
personal A/C:Debit the receiver
Credit the giver
Real A/C : Debit what comes in
Credit what goes out
Nominal A/C :Debit expenses and losess
Credit incomes and gains
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Tell something about Indian Constitution?
What is 'overseas banking'?
How is 1st May celebrated?
What in external debt economy?
What are various government schemes started by the government for youth employment?
what is Tally and where it can be used?
WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCORDINGLY X HAS ISSUED FORM C IN THE QR.OCT-DEC IS IT ALLOWABLE UNDER CST ACT.
What is 'door-to-door banking'?
How will you differentiate between direct and indirect taxes?
Is IDBI Bank a nationalized Bank?
What is CBS?
Why Is Depreciation On The Income Statement Different From The Depreciation On The Balance Sheet?
"NO CONSIDERATION, NO CONTRACT" EXPLAIN WITH EXCEPTION.
AMONG LIFE INSURANCE, GENERAL INSURANCE & RISK MANAGEMENT, WHY DID YOU SPECIFICALLY CHOSE RISK MANAGEMENT/GENERAL INSURANCE/LIFE INSURANCE?
What are the rules and regulations of RRBs?