Answer Posted / sanjaya kumar parida
golden rule is the general rules for posting the transaction
in the book of account.there is a specific rules for
personal,real and nominal account.such as
for personal-dr the receiver and credit the giver
for real-debit what comes in and credit what goes out
for nominal-debit all expenses and losses where as credit
all income and gain.
| Is This Answer Correct ? | 5 Yes | 0 No |
Post New Answer View All Answers
What was your average accounts receivable days outstanding/days sales outstanding?
Why is it necessary to prepare Asset Disposal Account?
Sir, we have investment shares some company how to calculate gain/loss please send format brefly fifo, lifo and average method
sir I heard from some body that he received more money than requested in an ATM.Is it possible, if yes what is the remedy ?
one bank account transaction example ebanking raj medical 500000 dr. second bank account ebanking raj medical 500000 cr what is the entry in tally erp can it is contra contry or not please explain
Assigning natural account to accounting seg. What will happen
Hi.. I am pursuing my MBA II year thrgh distance frm O.U HYD., Pls let me know any jobs...in Bank jobssssss
Tell me whether the account “cash” will be credited or debited, when a company pays a bill?
WHEN WILL SBI DECLARE THE RESULTS OF INTERVIEWS OF CLERICAL CADRE HELD IN APRIL-MAY 2010?
please tell me when co. owner invest money in his family members bank a/c. not any transaction came in business can we do this bank statement in tally ?
In the case of stock transfer from one branch to another branch any reverse credit is applicable.
What is cash flow and fund flow?
how many types of currencies are there in oracle r12
How do you prepare mis reports?
what is the limit of cash payment in a manufacturing firm and job work related work and how much we paid to the job worker cash payment in financial year Aslam