What is the rule of accounting

Answer Posted / mahender

Personal A/C:- Debit is the Receiver and Credit the Giver
Real A/C:- Debit-What comes in Credit:- What Goes our

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?

1473


What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?

1544


what are the steps used in UAT in Oracle Apps?

1303


paid two years rent N1200, bought Motor van for cash N3000

1589


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

1471






Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not

5482


Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

1746


can any one send me payables real time scenarious or any projects

1637


WHAT IS DIFFERED INCOME TAX AND WHERE IT SHOWS IN BALANCE SHEET?

1773


What is Acquisition?

2035


I AM APPLY FOR CLERICAL CADRE IN SBI. SO ANYONE SEND ME QUESTION WITH ANSWERS, WHICH ARE RELATED TO THAT JOB. MY EMAIL ID IS shawetasingh24@gmail.com

1640


How Many Points include in Mat Calculation , what is the different bitween Gross Profit & Book Profits?

1988


about tally erp9

2768


I want to know with example of vat & Salestax

1888


what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process

1844