What are accounting Principles?
Answer Posted / minal
Personal Account: Debit the Receiver and
Credit the Giver.
Real Account: Debit what Comes In and
Credit what Goes Out.
Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What is Minimum savings bank interest and who fixes it?
What is the basic difference between re-insurance and insurance claim handling?
What Is Overdraft Protection?
Can anyone please send me solution document for US payroll . My mail id is rishisharma29@rediffmail.com. Thanks
Explain profitability group ratios.
Explain the weak-form, semi-strong from and strong-from of efficiency?
Hi, If any body having any idea about "Riliance infocom Business Management papers ..... " I got a call for the same....
What is DMAT Account?
Name the basic documents that a person requires to open an account?
Explain the importance of capitalization?
Is it possible to restrict the premium payment for a lesser number of years than the duration of the policy?
What is the FDI limit in Insurance sector?
What is electronic clearing of cheques?
Differentiate between Cost Accounting and Financial Accounting?
why n how the gold is inversely proportional to rupee value? thnx....