Tell one entry that should be personal account,real
account,nominal account..
- 5 Answers
- 15694 Views
- Genpact, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / kazi ashrafuddin
Issued chaque to creditor with discount..
| Is This Answer Correct ? | 3 Yes | 2 No |
Answer / raj kumar singh
Personal A/c Means-Debit the Received and Credit the Giver
Real A/c Means-Debit what comes in and Credit what goes out
Nominal A/c Means-Debit all expenses and losses and Credit all Income and Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / b.naresh babu
Personal A/c means debit the receiver & credit the giver.
Nominal A/c means debit all expenses and losses & credit
all gains and incomes.
Real Account means-debit what comes in & credit what goes out
| Is This Answer Correct ? | 2 Yes | 4 No |
Answer / anil kumar prajapati
Personal A/c means debit the receiver & credit the giver.
Nominal A/c means debit all expenses and losses & credit
all gains and incomes.
Real Account means- Debit the Receiver Credit the Giver
| Is This Answer Correct ? | 10 Yes | 27 No |
what is the primary of for-profit organisation
Contents of an Invoice receipt
1. what is the general Percentage in india (%) of Deprication for Furniture, building Other Assests like Company Car, and COmputer and Airconditioner etc., Waiting for Answers
What is an interlocking accounting system?
O2C cycle with which accounts get effected
What is Compound Interest?
how to account branches in tally
WHAT IS A CREDIT NOTE AND DEBIT NOTE IN RESPECT TO A TRADING COMPANY?
Explain me have you ever heard about tds, what it is?
What is the difference for calculation Depreciation as pert Companies Act and Income Tax
over draft balance as per cash book (journal entries needed) a,cheques deposited in bank but no entry was passed in cashbook b, credit side of the bank, column cash short c, chques received but not sent to bank d, insurance premium paid by bank as per standing instructions e, credit side of bank, coloumn cash short f, bank charges entered in cash book twice g, cheques received returned by bank but no entry passed h, cheques issued returned on technical grounds i, bills directly collected by bank j, bank charges debited by bank k, cheques received entered twice l, bills discounted dishonoured
Hi I would like to know what is journal entry for buying securities with Margin Trading I mean 50% of cost is paid by broker. 2nd question is when we withdraw extra money from the balance we have in bank account which means our balance become (-) what is journal entry for that, should I just credit the bank or should I put the extra money with-drawled as a liability account ? Thank you in advance!
Audit 
