Answer / madhu poor

1.Personal Account : Debit The Receiver Credit The Giver
2.Real Account : Debit What comes in Credit What Goes
Out
3.Nominal Account : Debit all expenses and losses Credit
all gains and incomes

Examples Respectivesly:
1. Bank,Mr.Yogesh, Bajaj co.ltd, hospitals,etc.
2. Furniture, Machinary, Building, cash etc.
3. Dividend,commision , interst etc.

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Expand I P

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sorry this is my personal. But i want to be share because i am confusing stage. This is not related any interview question first in my schooling i studied telugu mideam. After my B.com i joined CA but i didn't pass but i vasted 4yrs. After i did MBA still i am not fluentcy in english i learned 30% english if i will go interviews or not ?

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let me know the meaning of Drawer,Drawee and payee of the cheque

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