Golden rules of accounting
Answer Posted / anant koundal
PERSONAL ACCOUNT : DEBIT-THE RECEIVER
CREDIT- THE GIVER
REAL ACCOUNT : DEBIT-WHAT COMES IN
CREDIT - WHAT GOES OUT
NOMINAL ACCOUNTANT: DEBIT- ALL EXPENSES & LOSSES
CREDIT- ALL INCOME GAIN
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the use of special general ledger if the normal trasaction in usage.
write about an e-mail to manager seeking permission for leave
Short Answer on _________Accounts Receivable
In case of new admission of partner what will be the adjustment for the sharing ratios
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
what is undisclosed profit? explain
Please define Transaction Type , Movement Type , Asset Transaction Type , Item Type & Document type. Please also give examples of each of them
what are the customization u have done in sap mm
what is composition vat
honararium for the month of march 2013 can be paid on 31 mar 2013
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
EXPAND______________ICT
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
diffrence between the profit center and business area
What is Spin-off & spilts