hussain


{ City } bangalore
< Country > india
* Profession * accountant
User No # 39224
Total Questions Posted # 2
Total Answers Posted # 2

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Questions / { hussain }
Questions Answers Category Views Company eMail

which are the final entries while closing of books and account at the end of financial year ?

1 Accounting General 4795

what is the difference between trial balance and ledger account

4 Accounting General 6390




Answers / { hussain }

Question { 8038 }

What is 'Rights Issue' ?


Answer

Subsequent issue of shares by an existing company to an
existing share holder is known as right issue.

Is This Answer Correct ?    8 Yes 0 No

Question { 8467 }

What are the rules of Account?


Answer

1. Real Accounts : Debit what comes in
Credit what goes out

2. Nominal Accounts : Debit All Expenses And Losses
Credit All Income And Gains

3. Personal Accounts : Debit the Reciver
Credit the Giver

Is This Answer Correct ?    7 Yes 0 No