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...

Answer Posted / tarun patel

Personal Account:Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

Nominal Account : Debit all expenses and losses
Credit all incomes and gain

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?

1841


Expand-------NAC

2242


what are the important steps to take during the conversion of an accounting system.

1935


Expand-------ASRT

2183


what is cost centre , job costing & Budget control. what is the effect of these.Explain its briefly.

2185


My BASIC Salary is 18,000

1794


what is OTC derivatives and Depository Trust & Clearing Corporation (DTCC) ?

4588


distinguish between Bill of Exchange and Promissory Note

2313


what is internal audit

2045


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

2018


Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1915


how to make a project accounting in tally erp9 ?

6812


is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

2049


Expand-------BANT

2208


Raju put labour charges bill for Rs 65000/- You are directed to deduct 5% security deposit and 1.15% TDS from the bill. Pass journal entry for it

2193