Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 702805 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 / aryadipta
increase in asset is debit
decrease in asset is credit
increase in Liabilities is crebit
decrease in Liabilities is dedit
All expenses & losses are debits
All incomes 7 profits are credits
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sudhakar (tuli)
Real account-- debit what comes in credit what goes out
Nominal account--debit all expenses and loss credit all income and gains
personal account--debit the giver credit the receiver
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / k. navaz
Real Accounts : Debit what comes in
Credit what goes out
Nominal Accounts : Debit all Expenses and Lossess
Credit all Incomes and Revenues
Personal Accounts: Debit the Giver
Credit the Receiver
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / md.muheed
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 GIVER
CREDIT THE RECEIVER
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / abhishek
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
personal a/c :debit the recevier
credit the giver
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / vishal
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 | 1 No |
Answer / manish chourasia rohini, deogh
1.REAL ACCOUNT:-DEBIT WHAT COME IN
CREDIT WHAT GOES OUT
2. NOMINAL ACCOUNT:-DEBIT ALL EXPENSES & LOSES
CREDIT ALL PROFIT & GAIN
3. PERSONAL ACCOUNT :- DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / manish chourasia rohini, deogh
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
personal a/c :debit the recevier
credit the giver
| Is This Answer Correct ? | 0 Yes | 1 No |
Answer / sahapdeen
real a/c - debit what comes 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 revenues
| Is This Answer Correct ? | 0 Yes | 1 No |
Can closing stock of current year be present in tht Trial Balance of said year...????
shares & debentures ?
What is Acquisition?
Expand-------BDCA
difference between accounting and financial accounting if it is same or not if not what is the difference ?
What is Capital Structue?
EXPAND______________RTA?
what do you mean by Line item display?
In SAP FICO How many ways we are Procuring the assets in the Company?
write about an e-mail to manager seeking permission for leave
what is the difference between share and debenture
What is securitization
Audit 
