What are the 3 Basic Rules in Accounting.
Answer Posted / sharankumar
Real A/c : 1) Debit what comes in 2)Credit what goes out
Personal A/c: 1) Debit the receiver 2) Credit the giver
Nominal A/c: 1) Debit all expenses/loss 2) Credit all
income/gain
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam
what is Rectification of Errors ?
please give me a last 10 years sbi clerk question and answer paper
what is status report? and flow report?
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
Why we reconcile our debtors? what steps we taken during reconciliation.
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
What is miscellaneous expense and when it is used
what amounts to appropriation of profits? When provision for taxation does not amount to appropriation of profits?
What is invoice accounting rules?
Can I freeze my account?
what is operational risk and market risk in basel 2 norms.
What is difference between cash flow and funds flow?
What is Compliance?
after directing tally 9 to calculate interest as per 30 day option basis on a loan account.........,it still calculates interest as per calender month when checked on to display>statements of accounts>interest payable in tally 9 ...where is the error?? how to correct the function.