Golden rules of accounting
Answer Posted / shravan
there mainly three golden rules in accounting
personal a/c
real a/c
nominal a/c
per......... debit the receiver
credit the giver
real.........debit whats comes in
credit whats go out
nomi.........debit all expenses and losses
credit all incomes and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
What is dematerialisation and its benefits?
interest paid comes under which head
why do you want to work here?
how will you create the posting periods 3 and 5 or 5and 7?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?
What is the journal entry for Call and a Put option both in the books of buyer and seller
What do you know about hyd? Tell something about hyd?
What are Mortgage Payment Problems?
What is the treatment of Capital Work in Progress as per the International Accounting Standards.
what is the difference between speculation & investment?
npa is either person or account
what is sevice tax? on what service tax is applicable. explain with examples?
in which group under we will open donation and hamali weekly payment account or ledger
which name written in Tan application form Applicant is sole proprieter companies name or individual name?