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Golden rules of accounting..

Answer / yashwant

Real A/C- Debit whats comes in
Credit whats goes out

Personal A/c- Debit the receiver
Credit the giver

Nominal A/c- Debit all expenses and losses
Credit all incomes and Profit

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / vinod

personal account:debit the receiver
credit the giver
real account:debit what comes in
credit what goes out
nominal account:debit the expenses & loses
credit the income & gain

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / arvind karthi venkatesh

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 & LOSSES
CREDIT ALL INCOME & GAINS

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / soumya sashidhar

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 expences and losses
Credit all incomes and gains

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / e.sankar

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

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / amit singh rawat

personal accounts:-
Debit the ricever and credit the giver.

Real accounts:-
Debit what's comes in and credit what's
gose out.

Norminal accounts:-
Debit all Expenses and Losses And Credit
all Income and Gain.

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / banajit haloi

Personal a/c-- Debit the Receiver
Credit the Giver.

Real a/c--Debit what comes in
Credit what goes out.

Nominal a/c--Debit expenses or losses
Credit gains or incomes.

Is This Answer Correct ?    2 Yes 1 No

Golden rules of accounting..

Answer / karthik

REAL ACCOUNTS : DEBIT WHATS COMES IN
CREDIT WHATS GOES OUT

NOMINAL ACCOUNTS : DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAIN

PERSONAL ACCOUNTS : DEBIT THE RECEIVER
CREDIT THE GIVER

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / gautam saurabh.

PRESONAL ACCOUNT- debit the receiver, credit the giver.
REAL A/c - dr.what come in, cr. Whats goes out.

NOMINAL A/C- Dr.all expenses and losses, Cr. all income and gains.

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / pratik lokhande

Personal A/c: Debit the Receiver
Credit The Giver

Real A/c: Debit What Comes in
Credit what goes out

Nominal A/c: Debit the Expences and Losses
Credit Profit and Gains

Is This Answer Correct ?    1 Yes 0 No

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More Accounting AllOther Interview Questions

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  


How to maintain Purchase Orders ? Please explain by proper format.

0 Answers  


Dear all, what is the limit for payment to consultaion fee to avoid tds. if it is a company firm. (even it is a 1000/- shall we have to deduct 10.3%)

2 Answers  


What is the Difference between Real Accont and Nominal Account?

16 Answers   GE, KPMG,


Tresuty stocks/shares calculation?

0 Answers   FactSet Systems,


What are the golder rules of Accounts ?

35 Answers   Abhipra, Accenture, Bajaj Allianz, Blue Star, Genpact, HP, IBM, TCS, Wipro,


in case dedit balance of solvent partner and in case credit balance of insolvent partner what i do for accounting on dissolution of partnershio firm give me ans. as per garrner v/s murry rule

0 Answers  


what is controlership?

0 Answers  


what is diff between accrued and Outstanding Account?

2 Answers   Ramco,


EXPAND______________RTI

2 Answers  


Explain about Fixed capital

0 Answers  


What are the responsibilities of corporate finance officer ?

1 Answers  


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