Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 702950 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / navin jain
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harsh agarwal
Personal A/c : Debit the receiver
Credit the giver
Real A/c : Debit what comes in
Credit what goes out
Nominal A/c : Debit Loss and Expense
Credit Profit and Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ranganathan
Real A/c : Debit What is comes in
Credit what is goes out
Nominal A/c : Debit All Expenses & Loses
Credit all Income& Gains
Personal A/c : Dedit the Receiver
Credit the GIver
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / rahul raj
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / aashutosh bishwas
Real A/c : Whats comes in Debit
Whats goes out Credit
Nominal A/c : Debit All Exp. & Loses
Credit All Profit & Gain
Personal A/c : Debit the receiver
Credit the giver
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / manjunath kasar
PERSONAL A/C : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
REAL A/C : DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL A/C : DEBIT ALL EXPENSES & LOSES
CREDIT ALL INCOME & AND GAIN
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / venkataraman k
PERSONAL ACCOUNT - DEBIT THE RECEIVER
CREDIT THE GIVER.
REAL ACCOUNT - DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT.
NOMINAL ACCOUNT - DEBIT ALL EXPENSES & LOSSES
CREDIT ALL INCOMES & GAINS.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / syed
real a/c : Debit comes in
credit goes out
nominal a/c : debit all expenses & losses
credit all profit & gain
personal a/c : debit the receiver
credit the giver
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / anant koundal
PERSONAL ACCOUNT : DEBIT-THE RECEIVER
CREDIT- THE GIVER
REAL ACCOUNT : DEBIT-WHAT COMES IN
CREDIT - WHAT GOES OUT
NOMINAL ACCOUNTANT: DEBIT- ALL EXPENSES & LOSSES
CREDIT- ALL INCOME GAIN
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / kajal shah
account debit credit
personal A/c the receiver the giver
nominal A/c all expenses& all income &
losses gain (profit)
real A/C what comes what goes
in out
| Is This Answer Correct ? | 0 Yes | 0 No |
Expand C T C
The opening Capital of a concern is Rs.30000/- owner withdral for personal use Rs.28000/- Closing capital balance of concern is Rs.37000/- choose the correct answer from the following. 1.Net Loss Rs.14000/- 2.Net Profit Rs.35000/- 3.Net profit Rs.14000/- 4.Net Loss Rs.35000/-
method of preparing the trial balance ?
what is revaluation of assets and liabilities?
How will we calculate T1, T2 capital in CRR(Cash Reserve Ratio)?
asked about project work done in mba
Paid a cheque for Rs 26500/- to Vishnu traders on behalf of Haritha trders for material supply
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
0 Answers State Bank Of India SBI,
how to calculate operating and financial leverages
Took goods from the shop for use at home? state whether the following transcation is business transcation or non business transaction? with reason?.
what is sevice tax? on what service tax is applicable. explain with examples?
Expand---------MTRS
Audit 
