Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...


what is the golden rules of accounting

Answers were Sorted based on User's Feedback



what is the golden rules of accounting ..

Answer / ramesh meka

personal a/c:debit the reciver
credit the giver
Real a/c:Debit what comes in
credit what goes out
Nominal a/c:Debit all expenses and losess
credit all incomes and gains.

Is This Answer Correct ?    40 Yes 0 No

what is the golden rules of accounting ..

Answer / sudheer babu

real a/c:- debit what comes in
credit what goes out
personnel:- debit the receiver
credit the giver
nominal a/c:- debit all expenses and losses
credit all incomes and gains

Is This Answer Correct ?    15 Yes 0 No

what is the golden rules of accounting ..

Answer / hitesh kumar mandani

Personal A/c - Debit the Receiver Credit the Giver
Real A/c - Debit what comes in Credit what goes out
Nomunal A/c - Debit all expenses & losses credit all income
and gains

Is This Answer Correct ?    9 Yes 0 No

what is the golden rules of accounting ..

Answer / shantanu chakraborty

all assets,expenses,losses are debit
all liability,income,profit are credit
which comes in debit
which goes out credit

Is This Answer Correct ?    13 Yes 7 No

what is the golden rules of accounting ..

Answer / santu

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 and Losses
credit All Gains and incomes

Is This Answer Correct ?    4 Yes 0 No

what is the golden rules of accounting ..

Answer / davood

Personal A/c: Dr - The Receiver of the benefit
Cr - The Giver of the Benefit

Real A/c: Dr - What comes in
Cr - What goes out

Nominal A/c : Dr - All expenses and Losses
Cr - All Gains and incomes

Is This Answer Correct ?    4 Yes 1 No

what is the golden rules of accounting ..

Answer / ganapathi k

personal account : debit the receiver, credit the giver.
nomial account : debit was comes in , credit was goes out.

Is This Answer Correct ?    10 Yes 8 No

what is the golden rules of accounting ..

Answer / santu

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 expenses,credit all loses
and gains

Is This Answer Correct ?    1 Yes 3 No

what is the golden rules of accounting ..

Answer / sudheer

real account:- debit what comes in
credit what goes out
personnal accout:- debit all expenses and losses
credit all incomes and gains
nominal account:- debit all expenses and losses
credit all incomes and gains

Is This Answer Correct ?    14 Yes 20 No

Post New Answer

More Accounting General Interview Questions

what is the meaning of ratio? Types of ratios?

1 Answers   BoA,


Why is accuracy important in accounting?

0 Answers  


Cash bill of sale so the company can deduct the amount.

0 Answers  


What is the Rate of VAT applicable on Electronic & Electrical goods?

6 Answers  


Mr.A repaired a printer of a company and charge a bill of Rs.1200? The company paid Mr.A cheque of Rs.1080 and deduct Rs.120 in TDS after couple of day Mr.A received TDS certificate from the company. pass all the entries in the books of accounts.

5 Answers   CSC,


How to make entries in Talley for the advance of Rs. 5 lacks is given from the Project A to B to be returned after some months

1 Answers  


i take a loan of 500000 rs. From ICICI bank, after 6 months i paid all from SBI bank. How can i make jv entry?

7 Answers  


what is the difference between shares and debentures

1 Answers   ADP,


I m considering BASIC + DA at the time of calculating EPF. Is it the right procedure?

2 Answers  


Tell me what do you think is bank reconciliation statement?

0 Answers  


what is FIC

1 Answers   HDFC,


what is accural ledger

3 Answers   Bank Of America, HSBC,


Categories