Answer Posted / prami

There are three types of accounts.They are
Personal Account.
Real Account.
Nominal Account.
ex:
personal a/c: rama a/c,krishnaa/c, jaya a/c,prami a/c.
Real a/c: cash a/c.
nominal a/c:salary a/c, commission a/c, rent a/c.
Rules:
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 incomes and gains, credit all
expences and losses.

state and explain THREE types of situation to which accounting concept might be applicable

2125

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What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.

2474

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Expand---------MNOP

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Short Answer on __________Event

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define bank Draft

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is it possible that on dealer of work contract can opt composition and non-composition both scheme in dvat?

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What problems might be encountered if there were no accounting standards?

3016

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Expand---------MDOT

2022

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What is Direct Debit

2246

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please give the sbi bank clerk exam paper model in last five years?

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What is combination?

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2240

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What is limit of turnover for registering under CST & limit of Form 'C '

12620

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am attend to bank exam(iob)pls send model questions

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