What are accounting Principles?

Answer Posted / chaitra.m

The 3 main accouting principles are

- Personal a/c :Dr the receiver Cr the giver

- Real a/c :Dr what comes in Cr what goes out

- Nominal a/c :Dr all expenses & loses Cr all incomes & gains

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Why bse has 30 index and NSE has 50 index. Why not BSE has 29 or 31 index and why not NSE has 49 or 51 index. why both has a exact 30 and 50 index.

3191


Where is first Aviation Park located?

626


what are the types of ledger you can make in Tally ERP 9?

592


Explain Openpages Capital Modeling?

659


high forex rate or low forex rate- which one will attract more foreign investment?( my doubt: if the ruppe value is more against dollar, foreign investor get les , else it resemble a week economy)

1654






Who regulated Capital Market?

675


What is the difference between wealth, cash & money?

602


What Is a Mutual Fund?

598


What Is The Role Of The National Supervisors?

668


Do you think Digital Banking will help the masses in country like India?

618


explaine me what the stock market points & how to decide increase in points.

1673


Tell the difference between cheque and demand draft?

626


Differentiate between direct tax and indirect Tax with examples?

611


WE HAVE SOLD GOODS ON 20.09.2010 TO X AND IT HAS BEEN RECODED BY X IN HIS BOOKS ON 08.10.2010 ACCORDINGLY X HAS ISSUED FORM C IN THE QR.OCT-DEC IS IT ALLOWABLE UNDER CST ACT.

3646


What is the role of technology in banking sector?

651