What are accounting Principles?

Answer Posted / gopakumar

Personal A/C :- Debit the Receiver Credit the Giver
Real A/C :- Debit what comes in Credit what goes out
Nominal A/C :- Debit all Expenses & Losses Credit 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

What is the post- dated cheque?

666


What is the usage of IFSC Code?

686


how options are different than equities?

628


Tell us something about adb? Who are its members?

577


How do you rate your communication skills - 1-10 scale?

653






How do you handle criticisms?

615


I have done my Summer internship project on Option greek (delta,gamma ,vega ,theta and rho)by using black schole calculator plus i have done calculation on VIX so what type of question can be asked to me by interviewer plzzzzzzzzzz do answer me i need help.........

2057


1.EXPLAIN THE IMPACT OF GLOBAL RECESSION ON CORPORATE SECTOR IN GENERAL AND MORE PARTICULAR INDIAN CEMENT INDUSTRIES? 2. EXPlAIN THE PROSPECTS OF INDIAN CEMENT INDUSTRY? 3. SKETCH THE TURNOVER AND PROFITABILITY OF LARGE SCALE CEMENT UNITS IN INDIA FROM 1991-2008 4. PRESENT THE EVA AND MVA ANALYSIS APPLICABLE TO CEMENT UNITS IN INDIA:

2280


What Is Charge-off?

616


Why do you want to join Axis bank ?

799


Name Any One Major Difference Between the Public Company and Private Company?

635


What should be the aim of successful marketing?

664


What is Meant by at Premium in Issuance of Shares?

633


What percentage of FDI is allowed in Retail, aviation and broadcasting?

618


Distinguish between private banks and nationalized banks.

628