Examples each for golden rules of accounting
Answer Posted / vikash mishra
PERSONAL ACCOUNT
DEBIT : THE RECEVIER
CEDIT : THE GIVER
REAL ACCOUNT
DEBIT : WHAT COMES IN
CREDIT : WHAT GOES OUT
NOMINAL ACCOUNT
DEBIT : EXPENES OR LOSS
CREDIT : INCOME OR GAINS
| Is This Answer Correct ? | 33 Yes | 1 No |
Post New Answer View All Answers
What is definition of a cash float in accounting?
Interest received 5,000 and still receivable Rs. 2,000 PLease give journal entry for this!
What happens to the company's "cash account" if it borrows money from the bank by signing a note payable?
Explain what is balance sheet?
What are the elements of the accounting equation?
What is an interlocking accounting system?
we are import a cnc machine, we have availed customs duty, CVD & Additional duty credit?
Hi All, Can any body Explain the End to End Flow of Product Costing in SAP with Integration Point and Journal Entries Involved in the Flow ?
how to do asset appreciation in sap?
Accounting Questions
Explain the Realisation concept and Accounting concept? why do you prepare p/l appropriation account? 4 difference b/w public and private caompany? How do you calculated closing stock in tradind a/c? Contents an invoice receipt? classification of Error as per accounting? Diff btwn Satutory audit & Internal audit? Diff b/w reserves for bad debts and provision for bad debts? Where the Bank book and the Cash book will not reconcile? When will the Cash book have a credit balance?
Wo kya cheez hai jo sal me 1bar mahine me 2 bar aur hafte me 4 bar aur din me 6 bar ata hai?
Hello sir, i am assistent executive in partnership firm.i learn't tds return, sales tax return, service tax return and all accounting entry,reconciliation with customer & supplier.BRS. please guide me for more knowledgeble sectore in account. hense i reach become a good position in account sectore.
How Many Accounting Principale
Dear sir, In tally what is list of cost centres? and what is the list of cost categories?