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 / pankz

real a/c : debit what come in
credit what goes out

nominal a/c :debit all expenses & loses
credit all profit & gain

personal a/c :debit the recevier
credit the giver

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...

2525


Guest expenses Rs 5500/-on behalf of partner Aravind was written as Hospitality. Rectify it

1876


What is EBITDA

1862


How and by whom the Percentage of Depreciation is fixing?

2397


Can someone tell me about SAP FI/CO test questions?WHat are the main things we must know?

2226


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

2141


we want all sbi previous questions papers in our e.mail krishna2043 on yahoo

2083


Indian Iran Gas pipeline

2120


Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.

2080


why do think you are best candicate for this post.

2300


what did you mean by cash credit limit account ?

2727


What is limit of turnover for registering under CST & limit of Form 'C '

12615


what are the importance accounting entries for AP and AR process in interview..

1657


how history is helpful for banking?

2046


Total numbers of companies listed on stock Exchange?

2550