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what is the golden rules of accounting
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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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
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 |
What is Journal Entry for Provision for Leave Salary
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Audit 
