Answer Posted / pooja
Real Account-dr what comes in
cr what goes out
Personal Account-dr the reciver
cr the giver
Nominal Account -dr the gains and expenses
cr the income and loses
Is This Answer Correct ? | 4 Yes | 14 No |
Post New Answer View All Answers
What is mutual fund sub accounting?
What is an ea in accounting?
Do you possess any knowledge about accounting standards?
What is the purpose of financial statements?
What is BRS Adjustment entry?
which chart of depreciation copy for our Indian companies in sap(fi-aa)? please give answer. Thanking you, mohan
What is meant by turnover?
As you know any other accounting application?
Tell us what is your proudest accomplishment?
Explain financial accounting. What are its characteristic features?
WHETHER WE CAN BOOK ALL PRELIMINARY EXPENSES, INCLUDING ACCESSORIES RELATED TO PURCHASE OF A NEW VEHICLE TO CAPITAL EXPENDITURE?
Explain what is ledger?
what stock transfer applicable in sister concern unit.
Define depreciation and its types?
I have deducted Notice pay Rs. 5000/- in which account to be booked the same enty, what is the head for notice pay in profit and loss a/c.