Answer Posted / n.srinivas

the personal and impersonal accounts are called golden rules
of accounting.

personal account: Dr the receiver
Cr the giver

impersonal accounts are 1)real account 2)nominal accounts
real account : DR what comes in.
CR what goes out.

nominal account: DR all expenses and losses.
CR all incomes and gains.

How to Calculate Mortgage?

2350

---

How can a company reduce profit

2025

---

My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?

2087

---

What exactly is derivatives segment. can u explain futures and options with examples...

2647

---

while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited

2065

---

What is Accommodation Bill

2390

---

While selling fertilisers can we charge VAT on excise duty.

1998

---

Expand---------PCDB

2130

---

What are the different payrolls? how we calculate the exmployee payroll? how we calculate the employee salaries details?

2281

---

What do you mean Business

2266

---

Indian Iran Gas pipeline

2128

---

why do u want to join bpo sector

2275

---

what is mean by ledger

3910

---

KINDLY PROVIDE ME RBI OFFICER SCALE B QUESTION PAPER (PREVIOUS)

2014

---

it is better to invest in which securities short term/long term or both? please reason4 the same

2009

---