Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 712418 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / v.r. madhavan
rule 1 - credit what comes in and debit what goes out
rule 2 - credit exps and losses and debit incomes and gains
rule 3 - credit the receiver and debit the giver
rule 4 - credit (what goes out+incomes and gains+giver)
debit (what comes in + exps and losses + the receiver)
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
Comments Elements in accounting
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
how do you prepare the mis reports and prepare the one example report stating your accounts department proforma
After Posting the Document in SAP FICO Using the sort key then where we can see the sort key in SAP
what is a depository?
company's total overhead expense is containing which are the expenses? Definition of overhead expense.
what is Functional Specification in SAP FICO?
i m a student of icwai i have just passed out my foundation and i wanna no if i should go for both intermediate group together or not....
who is the pramotar?
Expand-------NAST
What is the use of final account?
How is the expenditure of developing a modified product treated?
explain the difference between LIFO and FIFO?
I KNOW THAT INSURANCE CHARGES ON PURCHASE OF VEHILE (LIGHT/HEAVY VEHICLES)HAS BEEN CAPITALISED OR NOT.?
what is the system of accounting and banking in cooperative bank?
