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...

what are the golden principle of accounting?

Answer Posted / anjali

1. Real A/C - Debit what comes in and Credit what goes out

2. Personal A/C - Debit the receiver and Credit the giver

3. Nominal A/C - Debit all expenses and losses, Credit all incomes and gains.

Is This Answer Correct ?    5 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

how many types of financial teribuanal? what is that?

1939


Weather Entry tax on consumable goods purchased against CST

2125


What do you mean by custodian/Depository, & what are the different types of Depository? (NSDL/CDSL)

4424


What is Free Cash?

2188


i AM CURRENTLY DOING B.COM. i INTEND TO PURSUE MY MASTERS AT USA IN ECONOMICS AND FINANCE OR ACCOUNTING...CAN U TELL ME THE CRITERIA AND WHICH EXAM DO I NEED TO QUALIFY FOR???

1925


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

1988


Hi friends ineed finacial analyst interview question Pls share it

2026


What is the meaning of Receipt & Payment, Income & Expenditure, Profit & Loss A/c? Under What cercumstances these are prepared?

2569


euro currency market

1944


What is Summarising

2428


where we have file E-returns in SAP FICO-CIN/Wtax?

2641


I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes

1470


HOW TO MAINTAIN BANK A/C

2064


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

2097


Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?

2051