Answer / sreeram

HI this is Sreeram,

the golden rules for Accounting would be:

Personal,
Real,
Nominal.

Personal Account : Debit the receiver and credit the giver
Real Account : What comes in Debit and What goes out Credit.

Nominal Account : All expenses and losses debiy and all
incomes and gains credit.

Answer / rajender reddy.k

THERE ARE THREE GOLDEN RULES OF ACCOUTING:
1.PERSONAL A/C: In which debit the receiver and credit the
giver.
2.REAL A/C:Debit what comes in and Credit what goes out.
3.NOMINAL A/C:Debit all expenses and losses and Credit all
incomes and gains

Answer / nikita gupta

Real A/c-Dr. what comes in
Cr. what goes out.

Personel A/c- Dr. the receiver
Cr. the giver

Nominal A/c- Dr. all Exp. & Loss
cr. all income & gains.

Answer / saroj behera

the following answer are golden rule of accounting

Personal accounting- debit is the receiver and credit is the
giver

Real account- what comes in debit and what goes out is credit

Nominal account- all expenditure or losses is debit and all
income or gains is credit

Answer / ravi shankar(yemmiganur)

hai this is ravishankar

the golden rule of accountings are personal,real and
nominalaccounts.

personala/c: the personal accounts means accounts which show
transaction with person is called personal account.
the principel is debit is the reciver and credit is the giver.

Reala/c: the accounts related to properties and assets is
called real a/c.
the principel is debit what comes in and credit what
goes out.

Nomiala/c: the accounts related to incomes,expenses and
losses that is called nominal a/c.
the principel is debit all expenses and losses and credit
all incomes and gains.

Answer / jyoti ghadi

Important/Basic Rule Of Accounting

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 Income & Gains

Answer / rraghu142

personal
real
nominal

Answer / srikanth

The Accounts are devided in to 3 types. they are Personal
Account, Real Account & Real Account.

According to Generally Accepted Accountig Principles....
Personal Account - debit the Receiver and credit the giver.
Real Account - Debit what comes in, Credit What goes out.
Nominal Account - debit All Expenses and Losses & Credit
all incomes and gains.

Answer / nani

personel A/C

Real A/c

Nominal A/C

Answer / v sakkthivel

Personal A/c- (Name of person and company)

Debit the receiver and credit the givert

Real/property account: assets and property account

Debit what comes in and credit what goes out

Nominal account: any type of income and gain(either
intrest, discount received from any sources)
Any type of expenses either may be intrest or discount
allowed like wise)

Debit all expenses and losses
credit all income and gain

1.Which type of records maintaing for Hotels and provision Stores. 2.in Which type of returns we are going to file. tell me whos know brefiely,,

0 Answers  

Define overhead in terms of accounting?

0 Answers  

a company recive 5 demand draft in different parties 2 DD sumittted to bank for collection and it's collected. what is the closing entry of other 3 DD in the company on that date?

0 Answers  

how to calculate AMC charges for the financial year

1 Answers  

how to pass year entry for incomtat payment.

1 Answers  

matching concept

2 Answers   Capital IQ,

A persons salary 1 lac per month .How i can save the tax to company & persong giving by breaking of salary during year 2008-09 when FBt is applicable ?

1 Answers  

Why don,t show the Closing stock in Trial Balance.

2 Answers  

what is Cost of Goods Sold give example?

3 Answers   EDS,

under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?

0 Answers  

if we import the good from usa rs 50000 and deposite in ware house what is the entry in tally

0 Answers  

WHAT IS THE ENTRY TOWARDS PAYMENT OF A BRNAD AMBASSADOR OF A COMPANY

10 Answers   Hindustan Unilever Limited, HLL,