Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 723540 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / samapti
REAL ACCOUNT=
DEBIT WHAT COMES IN.
CREDIT WHAT GOES OUT.
NOMINAL ACCOUNT
DEBIT ALL EXPENSES AND LOSSES.
CREDIT ALL INCOMES AND REVENUES.
PRESONAL ACCOUNT
DEBIT THE RECEIVER.
CREDIT THE GIVER.
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
What is the Branch Accountant Responsbilities ?
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?
What do you think you do well?
which is the combine entry in ERP?
Dear All, Please reply ASAP. I have an account with SBI and ICICI bank. I have mention the Authorised bank address of SBI in our Shipping bill and GR. But we have received the Payments in ICICI Bank. Please inform who are able to realise the Bank Realisation Certificate (BRC)ICICI or SBI. Can SBI are quolify for refuse for BRC Application. Please reply of this query on jani_janikalpesh@yahoo.com regards Kalpesh Jani 9978912950
Expand-------MUR
The partners agreed to take hero honda vehicle of Rams as firms vehicle by giving credit to his capital account. The vehicle was valued for Rs 65000/-Pass necessary entry
Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque
Three steps for correction in BRS?
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
Expand-------IETF
fill in the Blanks Share Holders in Company have _____________Liability
explain about mergers & aquisitions? asked on 30/7/09
