Golden rules of accounting
- 369 Answers
- 645630 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / ganesan jayaraman
Real Account : Debit what comes in
Credit What goes out
Personal Account: Debit the Receiver
Credit the Giver
Nominal Account: Debit all Expenses & Losses
Credit all Income & Gains
| Is This Answer Correct ? | 378 Yes | 56 No |
Post New Answer View All Answers
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
IS ACCOUNTING MBA AND FINANCE MBA SAME OR DIFRENT
How you implemented a chargeback system?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
Assets are held in the Business for the purpose of____________________
duties of bank finance manager
Transfer nett profit of Rs 325000/- to Reserves and Surplus
Expand ----------GIDB
What is the difference between income statement & Profit&loss A/c?
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
Explain Cash Basis of accounting
what's accounts payable
what is portfolio Saint?
Please share different type of Z report
What is meant by Revenue Loss
