Golden rules of accounting
Answer Posted / sunanda banerji
Personal a/c:Debit the reciever
credit the giver
Real a/c:debit what comes in
credit what goes out
Nominal a/c:debit all expenses and losses
credit all incomes and debts
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
What are direct income and indirect income
Short Answer on ______Amortization
what is the main difference between nse & bse operations
What is T+2 rolli g settlement cycle?
Depreciation method to using Indian company names
an amount deducted from the catalog price for an item of merchandise is called?
Plz send me the questions that could be asked in an interview for a Bank Clerical job to suja_aln@yahoo.co.in. Thank you.
What is meant by retiring Bill
npa is either person or account
what is meant by virus
how a fund flow statement benefit the individual, corporate?
describe how accuracy in trial balance is a prime objective for preparing the financial statements?
drawings by making a DD from bank ( suppose payable towards UIT ) and on cancellation on such DD what journal entry needs to be passed ?
what is the document spliting?