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 / mani

Personal A/c- Debit the receiver.
Credit the giver.

Real A/c - Debit what comes in.
Credit what goes out.

Nominal a/c : Debit all Loss and Expenses
Credit all Incomes and gains.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.

1876


What are Home Equity Loans ?

2206


What are the accounting conventions and Practices?

2196


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

1513


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1876


Which Exchange determine Foreign Exchange/Currency Rate?

1931


difference between office expense and miscelleanous expense with some examples

2086


Mr. X buys an asset of Rs. 1000/- in cash and with it get an free gold coin what is the general entry for this?

1937


All Accounting Question Related Send Me ..

2150


what is the process to return sales tax file?how can i prepared s.t. file?what should be qualification for it?

1955


Define control account Thanks

1983


what is new updates in account

2041


Difference between cash and merchantile system?

2270


what is the good prasentation on interview

2436


What is the treatment of Capital Work in Progress as per the International Accounting Standards.

4909