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 is the golden rules of accountancy ?withdrwal frm atm
what will be the transaction ?

Answer Posted / manisha ashish salvi

3 Golden Rules of accountancy as below :

1) Personal Rule
Debit the receiver
Credit the Giver

2) Real Rule
Debit what comes in
Credit what goes out

3) Nominal Rule
Debit the Expenses & Losses
Credit the Incomes & Gains


&
Withdrawal from Atm means same transaction as cash withdraw
from bank , the transaction as follows:


Dr. Cash A/c
Cr.Bank A/c

Is This Answer Correct ?    23 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

company's total overhead expense is containing which are the expenses? Definition of overhead expense.

2033


Enter the following in the petty cash book, using appropriate expenditure column headings. the book is kept in the the amount of imprest system. the amount of imprest is #40,000

1734


give me only one transactions in both side (debit&credit) should be in real accounts

2171


Expand DEHM

1944


You configured new asset accounting with three depreciation areas that post in real time. You need to do a partial scrapping to an asset in transaction type. How many document does the transaction create ?( any 1 answer) 1 3 4 6

1513


What is the rule on a school who will be handled by anither school? How do I calculate the royalty per year to the school who will supervise a new school

1996


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2175


What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.

1127


what do you meant auction? what is F & o segment?

2287


Expand ----------GIDB

2105


what is your achievements?

1980


What is accounts payable?

2137


How can i get GR form (GR No.) for Exports ? please give me a link of website with steps ?

2607


Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?

1972


recently release the 6.0 version not succede in the market why?

1980