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...

fundamental rules of accounting ?

Answer Posted / praveen shettigar

personal a\c: debit the receiver of the benefit,credit the
giver of the benefit.
real a\c: debit what comes in ,credit what goes out.
nominal a\c: debit all expenses &losses,credit all income
&gains.

Is This Answer Correct ?    18 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Which banking services can be used through information technology (it)?

1032


Who is the international champion in kabaddi?

1093


Any idea about 'Freedom of Religion'?

1171


What is Profit and loss account ?

1092


What is a ledger account?

1091


Define CAPM.

1199


What is a Bank rate? What is a Repo?

1068


What are your views on Triple talaq?

1072


What has been your greatest achievement uptill now?

949


Do you know the basics of monetary policy? If yes, tell them.

1056


Name the types of 'inflation'?

1131


what is mean by Ratio analysis in the orgnations?

2379


explian Mobile Banking?

1101


What do you mean by 'foreign draft'?

1063


What are the most basics financial statements prepared by the companies?

1081