What are the 3 Basic Rules in Accounting.
Answer Posted / shivaraj
Real A/C
Debit : What comes in
Credit :what goes out
Personal A/C
Debit : Receiver
Credit : Giver
Nominal A/C
Debit : All Expenses & Losess
Credit : All incones and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Distinguish between sale and consignment
How good are you at Finance?
explain about mergers & aquisitions? asked on 30/7/09
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
What is the New GL concept? how do you configure new GL a/c?
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
What is the Purpose of Preparing Bank Reconciliation Statement?
What problems might be encountered if there were no accounting standards?
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
We have a registered dealer under APVAT Act. Our company is manufacturing & marketing of seeds. seeds exempted under vat. recently we have purchased machinery for our new plant construction, against c form. now sales tax dept.not giving the c forms, because our final product is exempted, we are not eligible for c forms. kindly clarify.
Short answer on Amalgamation
how many schedules are there in accounting?
how there prepare bank interview
If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY