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 accounting Principles?

Answer Posted / g.naresh

Accounting Principles are:

Personal Account: Debit the Receiver and
Credit the Giver.

Real Account: Debit what Comes In and
Credit what Goes Out.

Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Define Memorandum of Association?

1123


What is the use of Computers in a Bank?

1099


How Is The Capital Conservation Buffer Accounted For In The 2016 Srep?

1036


What is capitalization and also explain its importance?

1032


What do you understand by subsidy?

1021


How do I submit e-application?

965


Explain with any real or imaginary example, the four generic Strategy Alternatives for Marketing

3372


what are the interview question for housing finance companies in credit department.

8705


What do you understand by Lender of the last resort?

957


How to fight Inflation and what is the current Indian scenario about Inflation?

1074


What are the different types of expenditures used in accounting?

974


Where was G 20 Summit held in 2016?

975


What is the Government's contribution to IT in India?

1016


What do you understand by Bulls and Bears?

972


What is the difference between micro finance and micro credit?

1021