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 basic rules in accounting.

Answer Posted / harindra sahani

Ther are three basic rules use in accounting


REAL ACCOUNTS Debit what comes in
Credit what goes out

NOMINAL ACCOUNTS Debit all losses & expenses
Credit all income andrevenues

PERSONAL ACCOUNTS Debit all receiver
Credti all giver

Is This Answer Correct ?    6 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

hi friend i have selected in ssc cgle as accountant in audit department. can anyone tell about the work of accountant in audit department?

2315


Explain the importance of evaluating an internal audit department?

1083


Explain the difference between internal audit and external audit?

1150


What are the objectives of internal audit?

1277


What is pr ? why it is prepared and what is its purpose ? who is responsible for preparing it ? And on any fault in it who is liable ? And what will happen if fault comes ?And What are major reasons of fault ?

2802


Define decommission liability?

1252


What is the difference between internal audit and statutory audit?

1274


How can scope of internal audit help you?

1243


What is an internal audit?

1110


How I can evaluate the internal control audit?

1259


what is the difference you can make by doing your course in the country of your choice

2438


What do you find the most challenging in Accpuntant role

2385


i want question papers audit staff selection examination

2343


who is the auditor and his deautis

2395


What is non statutory audit?

1181