Answer / kailash kamble

1. Real Accounts : Debit what comes in
Credit what goes out

2. Nominal Accounts : Debit All Expenses And Losses
Credit All Income And Revenue

3. Personal Accounts : Debit the Reciver
Credit the Giver

Answer / sarita singh

personal a/c
dr. the ricever cr.the giver

real a/c
dr. what comein cr. what goesout

nominall a/c
dr. all expenses/loss cr. all incom/gain

Answer / mohd.nayeem islaahi

Personal A/c
Debit The receiver credit giver

Real A/c
Debit what comes in credit what goes out

Nominal A/c
Debit all expenses or losses credit All incomes or gains

Answer / hussain

1. Real Accounts : Debit what comes in
Credit what goes out

2. Nominal Accounts : Debit All Expenses And Losses
Credit All Income And Gains

3. Personal Accounts : Debit the Reciver
Credit the Giver

Answer / aashutosh biswas

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER

Answer / swaranjali

Every debit effect should have corresponding credit effect.

Answer / ch.brahmaji

2types of rules of accounting
1) personal accounting
2) impersonal accounting


1) personal accounting in that include of only personal
related to account rules
1 natural person
2 artificial person
3 Representative person rules of using

PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER


impersonal accounting
1 nominal accounting
2 real accounting


NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

real accounting is assets
in that many types of assets are like fixed assets ,current
assets ,


REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OU

excess cash withdraw from bank for staff salary than remain amount deposited into bank., what will be journal entries for above transactions

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Your marketing company has been working on a consulting project for a client. Your team has worked on the project for two months, and it is now year-end. The project will be completed by February of the next year, and the client has not yet been billed. For the financial statement, how should project be classified?Should the costs associated with an uncompleted consulting project be classified as a work-in-process asset on the balance sheet or should the cost be expensed on the income statement as a part of the doing business?why?

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What is the difference between trial balance and general ledger?

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Give example of an intangible Asset that is depriciable

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deperication of manufacturing department in manufacturing overhead is a direct expence or indirect expence?explain with reason

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what is the meaning of Accrual Concept?

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Tell me,as per companies which section P&L Account and balance sheet will be prepared

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What is an ea in accounting?

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in the tds entery party ledger which group under craete

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what is the differece between salary and remuneration?

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