Answer / daniel job

Personal Rule - Debit the receiver - Credit the giver
Real Rule - Debit what comes in - credit what goes out
Nominal Rule - Debit the Expenses and losses - Credit the
income and gains.

Answer / abhishek srivastava

1.Debit what comes in
Credit what goes out.

2.Debit the reciver
Credit the giver

3.Debit all expenses and loses
credit all gains and income

Answer / yogesh shinde

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.

Answer / guest

There are 3 types of accounts namely
1.Personal account
2.Nominal account
3.Real account

Rule for personal account
*debit the receiver
*credit the giver
Rule for nominal account
*debit all expenses & losses
*credit all incomes &gains
Rule for real acount
*debit what comes in
*credit what goes out

Answer / d k gupta

Personal A/c
REal A/c
Nominal A/c

Answer / s.s.nageswara rao

As per double entry system of accounting three golden rules
are there. which are:-
Debit Credit rule for Personal Accounts:
*Debit the Receiver
*Credit the Giver
Debit credit rule for Real Accounts:
*Debit what comes in
*Credit what goes out
Debit credit rule for Nominal Accounts:
*Debit all Expenses and Losses
*Credit all Incomes and Gains

Expand---------RTSP

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Hi., I have cleared my test on monday, i have operation round on thursday.. So, Can anyone send me all the related interview Questions??..Please help me out.. Email ID: raghuraj_18@yahoo.com Phone :9739867486

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