can you give me debit n credit rules
Answers were Sorted based on User's Feedback
Answer / rama
3 Golden rules of Accounting
1.Debit the receiver,Credit the giver.
2.Debit what comes in,Credit what goes out.
3.Debit all expenses and losses,credit all gain and income.
Is This Answer Correct ? | 18 Yes | 3 No |
Answer / mani - tnmsc
Golden Rules 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 and Losses
Credit - All Incomes and Gains
Is This Answer Correct ? | 5 Yes | 0 No |
Answer / munawar
3 Golden rules of Accounting
1.Debit the receiver,Credit the giver.(Personal account)
2.Debit what comes in,Credit what goes out.(Real account)
3.Debit all expenses and losses,credit all gain and
income.(Nominal account)
Is This Answer Correct ? | 2 Yes | 0 No |
Do you know what is balance sheet?
What is indent?
How many questions u have done in ur written exam held in november for SBI clerical??? who are cleared for the interview..plz tell me...???
please give me information about h form and c form used for which items?
What all are the documents need to check for a supplier payment?
Explain the process of withhold tax invoice
goods with drawn by proprietor for household expenses
what is general accounting
How is an accounting department structured?
WHAT CAN CLOSING STOCK SHOWING IN TRIAL BALANCE
What is accounting & why it is used?
What are mis reports?