Golden rules of accounting
Answer Posted / anuj
Personel A/c Debit the receiver
credit the giver
Real A/c Debit wht comes in
credit wht goes out
Nominal A/c All Exp. And losses Dr.
All income and expenditure Cr
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Transfer nett profit of Rs 325000/- to Reserves and Surplus
how can i make configration relation with inflation in sap
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
what is the system of accounting and banking in cooperative bank?
1.explain the accounting concepts ? 2.what are the objectives of preparing a trail balance ?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
What will your outlook towards maintenance of liquid assets to ensure that the firm has adequate cash in hand to meet its obligations at all times
Dear sir,i have completed M.sc,MBA.STILL I AM NOT GETTING WELL POSITION .I THINK ON LOW BUGET ON COURSE TO IMPROVE MY POSITION IN FINANCE FIELD.
what is the uniform public construction cost accounting act?
Short answer on____________Assessment Year
what would you contribute for bhels growth
WHAT IS THE PROFILE OF FINANCE EXECUTIVE IN TEXTILE INDUSTRY
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
what is Functional Specification in SAP FICO?
What type of questions are asked for Interview of Manager Finance in Airport Authority of India ?