Answer / ashwini_v629@yahoo.in

Accounting principals those rules of action or conduct that
are folllowed by the accountants universally while
recording accounting transactions.They are boby of
doctrines commonly associated with theory and procedures of
accounting. These principals can be classified int two
categories:
Accounting concepts and
Accounting conventions.

I have a requist with people who use this blog.
Plese conform weather your answer is right before uploadig.

Answer / zahirhussain

the accounting as folow to the books metirals only. it's
used to managent of company accounts.

Answer / manas basu

total Debit Amount = Total Credit Amount
i.e Trial Balance .
Heading : Trial Balance as on ....
Every Debit entry must be corresponding Credit Entry.

Answer / askaruv

these are also known as golden accounting principles

expence increase debit
exp decrease credit
incom increase debit
inc decrease credit
asset increase debit
ass decrease credit
liability increase credit
lia decrease debit

Answer / i.srinivasreddy

Accounting Principles are:

Personal Account: Debit the Receiver and
Credit the Giver.

Real Account: Debit what Comes In and
Credit what Goes Out.

Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes

Answer / daa&

Maintaining the Basic Accounting Books, ex. Daybook, bank
book, purchase sales account and vouchers. regular invertory
process

Answer / prashant rai

Accounting principles have two aspects.
1. Accounting concepts
2. Accounting conventions
Accounting principle is a science of accounting.
Science of accounting means systematic presentation of
accounts.

Answer / raja

Accounting Principles can be classified in two categories
(1)Accounting concepts
(2)Accounting conventions

Three types of accounts namely ,

Personal accounts:
Debit the receiver
credit the giver
{Ex:Natural person's Personal account,Artificial Person's Personal Account,Representative Persons' Personal Account}

Real Account (property account):
Debit: what comes in
Credit what goes out
{Ex:Tangible Real Accounts,Intangible Real Accounts}

Nominal Account:
Debit:All expenses and loses
Credit all incomes and gains

Answer / vijay shewale

Real A/C:- Debit what Comes In And Credit What Goes Out
Personal A/C:-Debit The Receiver And Credit The Giver
Nominal A/C:-Debit All Expenses And Losses and Credit All
Profit And Gains

Answer / rev. dr. b. russel raj

Personal Account : Debit the receiver
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

Types of ratios? wht r they

19 Answers   Deloitte, TD Canada Trust,

mis & qis formats

0 Answers   Kensoft Infotech, Lucky Cement,

Regarding export, We have Excisable goods for Export, issuing Form ARE1 (Annexure-1), If we'll pay Excise Duty with adjustment from our accumulated of cenvat and "Claim for rebate of Duty paid on goods exported."/ CE Rule 18 Which type shipping bill should be file for "Claim for rebate of Duty paid on goods exported. .......Plz advise now can we also get DBK all industry rate? Motive: To reduce the accumulation of heavy cenvat To claim the refund of duty drawback, duty paid on raw material components, parts, packing material & others applicable inputs under Section 4A of valuation act. FYIP, We are registered with deptt. of excise and availing the cenvat on all inputs. Availing facility of CENVAT credit under CENVAT credit rules, 2002

0 Answers  

What is secularism?

0 Answers   State Bank Of India SBI,

WHAT ARE THE SOURCES OF FUNDS FOR INCREASING PAID UP CAPITAL OF A COMPANY?

1 Answers   ICICI,

What are the different negotiable instruments?

0 Answers   State Bank Of India SBI,

What is financial management?

6 Answers  

Why should a business prepare fund flow statement?

0 Answers  

How is SLR determined? What is the Need of SLR?

0 Answers  

why you want to change from software to finance?

5 Answers   Kotak, Northern Trust,

Can preference shares are traded on stock exchanges?

1 Answers   TCS,

What is SDR?

1 Answers