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What are the golder rules of Accounts ?
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Answer Posted / chhaya chouhan
There are 3 types of accounts:
1.Personal a/c
2.Real a/c
3.Nominal a/c
Rules for these accounts are as follows:
1.For Personal a/c:
Debit: The reciever
Credit:The Giver
2.For Real a/c:
Debit: What comes in
Credit:What goes out
3.For Nominal a/c:
Debit: All expenses and losses
Credit:All incomes and gains...
These are the most important and in other words the golden
rules of accounts...
| Is This Answer Correct ? | 33 Yes | 1 No |
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Hi...At present am doing my second year B.Com.I want to do Chartered accountant.Could you send me the details such as when i can start this course,levels of course,proceudre to start( training and prerequirement if any)?And also do let me know is it possible to start from madurai.Note: I wanted to start by regular classes not by distant education. Thanks in avance.
Pls Give me Solution for me. Bcz i m persuing b.a iii But now i m working in accounts . So what i do In future .
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