Golden rules of accounting
- 369 Answers
- 646677 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 / aradhana
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER
when customer debit a value amount that would pay to
customer from bank and when customer credit that would be
income for bank and lose amount for customer because bank
will get an extra amount when they are paying to customer.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai
how to prepare the balance sheet of private ltd. company & what roll should be play by Income tax, compnay law & accounting standard in India & world.
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?
define holding company,public company, if the compnay be a public company what will the criteria? asked on 30/7/09
while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??
AN ESTIMATE OF ASSETS AND LIABILITIES ON AGIVEN DATE
Reserve Capital and Reserve Capital
what do u mean by single error and double error in accointing errors?
what are the new rules of central excise ?
i need sbi bank clerk exam model question papers
how to solved the shares qusionas ?
Short Answer on ________Accounts Payables
Being BE student why you want to join bank?
please provide wct retun guide line how can prepaire that
What type of Questions are asked for Interview in Infosys - Financial Process. Any one who is into Research Analyst or Process Executive role, kindly contribute the Questions faced by you?
