Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what are the golden rule of accounting.

Answer Posted / prabhakar reddy

1. Debits always equal credits
2. Increases do not necessarily equal decreases and,
3. Assets - liabilities = owner's equity (the accounting
equation).

Is This Answer Correct ?    83 Yes 56 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?

2191


Short Answer on ______Amortization

2078


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

2352


What is account

2228


Sir,I want to be good in accounting .Now i have got an oppurtunity to work in accounts department but i am average in accounts.So how can i improve and work with effiency guide me with ur tips.

2149


what is budgetory control and what are the types

2448


Expand-------BANT

2223


Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry

2002


which Electrical items is Exciseible

2275


cash sales and credit sales both are asset or liability?

1453


If someone knows about the test pattern of Junior executive accounts than please share.

2139


Explain why retained earnings have an opportunity cost associated?

3482


Short Answer on _________Business

2089


We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.

1771


do we have to learn all the shortcutkeys in tally.i am from non commerce background ,where should i start from.

2121