Golden rules of accounting
Answer Posted / amit jana
Real Account: Debit what comes in
Credit what goes out
Nominal Account: Debit all expenses and loses
Credit all Income and Revenues
Personal Account: Debit the Receiver
Credit the Giver
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?
Can I check my Vantage credit score range online?
Is interest of a business unit Operating Expense or Non Operating Expense
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
what is circuit filter?
What was use of tally erp 9? Types of vat?
impairment & Amortisation Means
what is composition vat
institutional investors?
what is the uniform public construction cost accounting act?
differnce between the 4.7 & 6.0 versions?
how to entry in tally for other person check received
AT THE TIME OF REDEMPTION OF DEBENTURES. WHEN THERE IS PROFIT/LOSS ON SALE OF DEBENTURES WE TRANSFER THAT AMOUNT IN PROFIT AND LOSS A/C BUT WHEN WE CANCEL OUR DEBENTURES AFTER BUYING IT FROM OPEN MARKET THE DIFFERENCE BETWEEN MARKET VALUE AND COST OF DEBENTURES TRANSFER TO "CAPITAL RESERVE ACCOUNT .. WHY SO ANY PRACTICAL ANSWER ??
What was the most chlleging task you face while working in SAP FI/MM and how did you solve?
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?