fundamental rules of accounting ?



fundamental rules of accounting ?..

Answer / praveen shettigar

personal a\c: debit the receiver of the benefit,credit the
giver of the benefit.
real a\c: debit what comes in ,credit what goes out.
nominal a\c: debit all expenses &losses,credit all income
&gains.

Is This Answer Correct ?    18 Yes 1 No

Post New Answer

More Banking Finance Interview Questions

What is REPO rate and reverse REPO rate

0 Answers   IBPS, RBI, State Bank Of India SBI,


What has happened in the markets in the past three months?

0 Answers   BlackRock,


what are the important question which some ask at the time of interview of a finance company

5 Answers   ICICI,


what do u mean by capital adequacy ratio?

2 Answers  


Pass the Journal Entry of Debentures Are Issued Other Than Cash?

0 Answers   Joint Stock Company,






Corruption is the price we pay for democracy. Discuss

3 Answers   ANZ, Northern Trust,


What is ABSA account?

0 Answers  


What is the link between the Balance Sheet and the Statement of Cash Flows?

0 Answers   Deloitte,


What are the advances that the banks grant to their customers for their financial assistance?

0 Answers  


What is the theme of the Olympic Torch?

0 Answers   Bank of Baroda,


what is difference between purchases register and purchases books

2 Answers  


what is wacc and how it is use?

3 Answers  


Categories
  • Business Administration Interview Questions Business Administration (517)
  • Marketing Sales Interview Questions Marketing Sales (1279)
  • Banking Finance Interview Questions Banking Finance (3208)
  • Human Resources Interview Questions Human Resources (745)
  • Personnel Management Interview Questions Personnel Management (68)
  • Hotel Management Interview Questions Hotel Management (29)
  • Industrial Management Interview Questions Industrial Management (113)
  • Infrastructure Management Interview Questions Infrastructure Management (14)
  • IT Management Interview Questions IT Management (97)
  • Supply Chain Management Interview Questions Supply Chain Management (16)
  • Operations Management Interview Questions Operations Management (39)
  • Funding Interview Questions Funding (79)
  • Insurance Interview Questions Insurance (494)
  • Waste Management Interview Questions Waste Management (1)
  • Labor Management Interview Questions Labor Management (48)
  • Non Technical Interview Questions Non Technical (73)
  • Business Management AllOther Interview Questions Business Management AllOther (546)