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...


when is real ,nominal, & personal a/c's used



when is real ,nominal, & personal a/c's used..

Answer / ammu

Real Acoount:
Debit :What comes in
Credit:What goes out

Nominal Account:
Debit:All expenses and losses
Credit:All incomes and gains

Personal Account:
Debit: The receiver
Credit:The giver

These are the rules of real,nominal and the personal
accounts these accounts are used according to the situation
occured in the particular organisation,company or a firm.

Is This Answer Correct ?    15 Yes 0 No

Post New Answer

More Accounting AllOther Interview Questions

expalin Revenue and profit

2 Answers  


Tell me about how you have left a position better than you found it

0 Answers  


What is General Ledger ? Why is it used

2 Answers  


i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz

0 Answers  


What is the difference between TIN no. and CST no.?

4 Answers  


Expand---------NPTO

0 Answers  


what is the document spliting?

0 Answers   Deloitte,


what is depreciation, what isdouble entry,alltypes of assets,alltypes of liabilities

3 Answers   HP,


What is Spin-off & spilts

0 Answers   BNP, Mellon,


Dear Friends i want to know full details about TDS and VAT. So please guide me a website which having the details of TDS,VAT.

1 Answers   TCS,


What is Goods Lost by Fire/Accident/Theft ?

0 Answers  


can i have practical examples of AS-30

0 Answers  


Categories