what are the three basic acounting principles.what is
account reconcilliation.what is portfolio management
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Answer Posted / ss
basic accounting principles are also known golden rules for
accounting:
1. personal a/c
Debit the receiver and credit the giver
2. real a/c
Debit what comes in credit what goes out
3. Nominal a/c
Debit all expences and credit all incomes
Account reconciliation: If it is about pass book and cash
book, account reconciliation is used get accurate cash
balance in bank and bank balance in the cash book.
Portfolio Management : Managing the investment in
different funds so as to get maximum benefit with minimum
capital
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