Golden rules of accounting
- 369 Answers
- 646459 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 / deepiga
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 | 1 No |
Post New Answer View All Answers
What is Goods Lost by Fire/Accident/Theft ?
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
Mention some of the major contributions made by you in your present and previous jobs
All Accounting Question Related Send Me ..
what is pre settlements and post settlements in Derivatives?
What is contract accounting?
HI, FREINDS, I WANT TO KHOW IS THE CFP (CETICFIED FINANCIAL PLANNER) IS A GOOD COURSE, IS THEY ANY INSISTUTE IN HYDERABAD,IF ANY ONE DOING THIS COURSE PLEASE REPLY ME.
Exapnd--------RAN
Where the Cost of labour, Material used and sales scrap (if sales given)get effect in balance sheet
EXPAND___________NAA
I need all WNS interview questions
Short answer on Amalgamation
what is the use of special general ledger if the normal trasaction in usage.
What are Mortgage Payment Problems?
What is wealth maximisation
