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 / vijaychander

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 Expenses and Losses,
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

total capital stock

2164


Do you need an income statement if you do part time contract work at home?

2227


what are your plans after completing your MBA (or) studies ?

2056


What is the GDP growth?

2126


wHAT ARE EVENTS

2192


you buy a $100 asset. $25 cash, $50 debt, and $25 new equity. Explain how the 3 financial statements (IS, BS, CFS) will change.

2747


How & When We Calculate Deffered Tax... Please Give me Some Example.?

2193


We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

2384


what is balancesheet adjustment a/c. what is the use of this a/c in sap fico

2608


why gross profit transfering to profit & loss account

4365


What is Inventory Control?

5181


What is Insider Trading ?

2309


In order to comply with the matching principle, adjustment entries are made at the preparation of ----------

3036


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

2157


Process of the settlement cycle?

2162