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Golden rules of accounting..

Answer / abhilash

Personal :Debit the Receiver
Credit the Giver

Real :Debit What comes in
Credit What Goes Out

Nominal :Debit All Expenses & Losses
Credit All Incomes & Gains

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Golden rules of accounting..

Answer / geetanjali

REAL A/C WHAT COMES IN DEBIT
WHAT GOES IN CREDIT

NOMINAL A/C ALL EXPENDITURE AND LOSS IN DEBIT
ALL INCOMES AND GAINS IN CREDIT

PERSONAL A/C DEBIT THE RECEIVER
CREDIT THE GIVER

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / ritesh roy

PERSONAL A/C - Debit the receiver & credit the giver.


REAL A/C - Debit what comes & credit what goes out.


NOMINAL A/C - Debit all expenses & credit All Income And Gains

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / sabiulah

personal A/c :debit the receiver
credit the giver

real A/c :debit what comes in
credit what goes out

nominal A/ : debit all expenditure and losses
credit all income and revenue

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / bismaya dhal

Real A/c : Debit what comes in.
Credit what goes out.


Personal A/c : Debit the receiver.
Credit the giver.



Nominal A/c : Debit Expenses & Losses.
Credit Income & Gains/Revenues.

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / nikita shah

REAL A/C : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL A/C :DEBIT ALL EXPENSES & LOSES
CREDIT ALL PROFITS & GAIN

PERSONAL A/C :DEBIT THE RECEIVER
CREDIT THE GIVER

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / chinni

PERSONAL a/C: DEBIT THE RECEIVER
CREDIT THE GIVER

REAL a/C: WHAT COMES IN DEBIT
WHAT GOES OUT CREDIT

NOMINAL a/C: ALL EXPENSES AND LOSSES ARE DEBIT
ALL INCOMES AND GAINS ARE CREDIT

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / md nadim khan

GOLDEN RULES OF AUUOUNTING

REAL A/C:-DEBIT WHAT COME IN
CREDIT WHAT GOES OUT


PERSONAL A/C:-DEBIT THE RECEIVER
CREDIT THE GIVER


NOMINAL A/C:-DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / ravindra

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

Golden rules of accounting..

Answer / pradip s

PERSONAL A/C DEBIT THE RECEIVER,CREDIT THE GIVER.
REAL A/C DEBIT WHAT COMES IN,CREDIT WHATS GOES OUT.
NOMINAL A/C DEBIT ALL EXPENSES AND LOSSES,CREDIT ALL INCOMES
AND GAINS.

Is This Answer Correct ?    0 Yes 0 No

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More Accounting AllOther Interview Questions

The following suggestions are under consideration: (a) 10% reduction in price to yield an increase in sales volume from 6600 to 7400 units. Current unit price Rs. 1,000 Unit variable cost Rs. 500 Fixed cost Rs. 30,00,000 Prepare a statement comparing gross revenue, profit, contribution and P/V ratio of the two alternatives with present results. Which suggestion would you recommend?

3 Answers  


expand --------CCI

2 Answers  


18) Difference between Income & Expenditure and Profit and Loss Account?

4 Answers   D-Mart, JPMorgan Chase,


what is the different between going concern and accruals concept

1 Answers  


wat is the fundamental analysys& technical analasys?and wat is the difference bewween fundamental analysys&technical analasys?

0 Answers  


Expand--------WRI

1 Answers  


what do u mean by cbs???????

12 Answers   State Bank Of India SBI,


I customized the tax procedures, after posting normal g&l (f-02), i got an error, error is complete lineitem display, its popup error message num, how can i find the message error, whats the t-code

0 Answers  


what is diff between p&l & trading a/c

13 Answers   CA,


please tell me short cut method in maths as well as in english for correcting the error for the post of clerck in bank exam

0 Answers   BSRB,


• What is BRS, with an example?

7 Answers   Accenture, College School Exams Tests, Genpact, Intelenet, Mellon,


debt/total capital

2 Answers   Capital IQ, FactSet Systems,


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