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 accounting?

Answer Posted / himanshu

there are mainly three rules which we called them golden
rules of accounts
1. Debit the debtor and credit the creditor
2. Debit what comes in and credit what goes out
3. Debit all losses and Expenses And Credit all Gain and
profit

Is This Answer Correct ?    9 Yes 4 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

what is sales life cycle???

1996


What is Merchandising Accounting process

2071


how there prepare bank interview

2149


selling price = shs. 200, variable overhead-selling per unit= shs 80, variable production cost per unit = shs 60, fixed selling cost = 2,840,000. the production capacity of the project is 200,000 units. required P/V ratio, BEP and margin of safety

2023


fill in the Blanks Share Holders in Company have _____________Liability

2012


Expand-------NBTA

2121


Purchased goods worth @25000 at 10% trade discount from seven who paid 200/- as carriage on behalf of prabhakar

2069


how there face in lvbank interview

2063


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.

1139


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

2629


state and explain THREE types of situation to which accounting concept might be applicable

2126


plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com

2012


what is participation right is it a debt? or not?

2229


What is the definition of LOSS. Give the formula if any.

2142


Define capital

4126