Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 712561 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / hiten
Personal Account:Debit the receiver
Credit the giver
Real Account : Debit what comes in
Credit what goes out
Nominal Account : Debit all expenses and losses
Credit all incomes and gains
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
what are all the formulas used in bank to calculate their economy
What are the duties of sales tax department? Explain it
explain Dual entry concept
loss of pay for a employee when he is not having single leave bal. in his account that time what is the calculation 2) what exactly the days to be considered i.e. 26 days or 27 days i.e. to arrive at salary per day what exactly the days to be divid
How do you plan to achieve these goals
where does the closing stock appears in the trial balance?
please answer this question.the following balances were extracted from the books of modern traders on 31st dec,2010.capital(85000)fixed assets(45000)stock1-1-2010(15000)sundry debtors(20600)productive exp(3300)reserves fund(6600)discount received(800)cash in hand(6200)drawing(5000)accomulated dep.(9000)purchases(82000)bad debts(400)unproductive exp.(27400)sundry creditors(9000)sales(120000)cash at bank(25500).adjustments.stock on 31-12-2010(15000).outstanding wages (5000) write-off (600)of further bad debts. create provision for bad & doubtful debts at {5%) on debtors.unproductive expenses includes anitem of prepaid insurance (100).provide depreciation on original cost of fixed assets @ (10%).
is there any chance for confilcts between an accountant and a sales executive ? If yes how do you resolve the same as an accountant ?
what is the scenario of multi-org setup?
can any body help me with a copy of (any month/year) bank reconsilation statement,udai_skumar@yahoo.com
What Are The Characteristics Of Modern Accounting?
Mention some of the major contributions made by you in your present and previous jobs
Short Answer on -----Trade mark
what do you mean by jounal voucher? Jounal entry for dishonored cheque can be possible thruogh jv?
Short Answer on ______________Import Trade
