Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What are the 3 Basic Rules in Accounting.

Answer Posted / saranya

3 accounts are there...
1.real account
2.nominal account
3.personal account

1.Real account

debit what comes in and credit what goes out

2.nominal account

debit all expenses and losse , credit all incomes and gains

3.personal account

debit the receiver and credit the giver

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how history is helpful for banking?

2105


In sales what rule applicable

1953


where we use the convetion of conservatisam in real life??

2113


what is differred tax liability? explain in detail with some example.

3074


what is the nature of bill receivable and consignmenta/c

2469


If its is declared by auditor that business is not going concern that what journal entry will be pass?

1963


define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09

2216


hi guys, pls refer me how to preppare for Indian Bank exams.

2450


how u can control stock movments....like issuing raw materials receiving...in practical way..basically in ,y org we r using bin cards,barcodes etc but somehow need more concentration... help me frds..

2080


You placed an Order for some books but it was not delivered on time or the books were damaged, so are write Complaint Letter to the Shopkeeper about it.

2288


please tell me questions asked in NICMAR for the post of accounts executive

4068


Could u show me the sample TDS Document / Template

2140


HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?

2088


why should the company give first perference to the perference shareholders?

2583


what is the meaning of Processing Vendor/Employee payments

2964