What are accounting Principles?
Answer Posted / rahul sharma
plz close this here
Real a/c
Debit what comes in
Credit what goes out
Personal a/c
Debit the receiver
Credit the giver
Nominal a/c
Debit all expenses & losses
Credit all gains & income
| Is This Answer Correct ? | 34 Yes | 20 No |
Post New Answer View All Answers
Do you know what negative interest rate policy is? Why does Japan adopt it?
What is the Full form of SWIFT and what are the features and benefits?
What happens if a deposit is pre-paid?
How will be you differentiate between a manager and a leader?
What do you know about Olympics 2016?
what is the limitations of cash credit account
Who is the investment banker?
What are some of the most significant deals this bank has completed in the last 12 months?
Explain debt service coverage ratio.
Explain how to set up an employee in Tally ERP 9 for their payroll?
In which department you would like to go : Operations or Sales?
Explain NBFCs?
What are Exchange Traded Funds (ETF)?
What is the Largest Public sector bank of India?
How can government stop cash flow in the economy?