what is basic accounts rule?
Answer Posted / swapnil pol
The three "Golden Rule" of Debit & Credit based on
Classification of A/Cs are:-
1. Personal Account - Dr. the Reciever
Cr. the Giver
2. Real Account - Dr. What Comes in
Cr. What Goes Out
3. Nominal Accont - Dr. all Expenses & Losses
Cr. all Profits & Gains.
| Is This Answer Correct ? | 42 Yes | 6 No |
Post New Answer View All Answers
what are micro-cap, small-cap, mid-cap, large-cap companies?
please send me some previous sbi clerical interview questions to my email id....
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
after payment of interest of a loan account by using credit note voucher in tally 9........don't anyone thinks that we have to adjust the cash account by passing cr entry on journal for interest payment...
what is cc limit and what role accountant play to maintain it?
Explain the word Liquidation
I have complited my ERP course in FICO module. Now I want to work in ERP package. Please suggest me how I will apply for the organisation works in ERP environment.
if a person join company on 01-04-04. after 5 year he is resigned on 31-03-09 and date of leaving is 14-04-09. Is he is on under gratuity payable or not? he is completed 5 years on 31-03-09. what is basis on calcultion on final settlement is date of resignation or date of leaving whcih is on 14-04-09.
what is the meaning of Processing Vendor/Employee payments
what is the difference between cash flow and funds flow
What is the important of cash in a business unit
what is mean by account concept,and how to perpare a full accounting concept journal,ledger,trail balance,and balance sheet how it will prepare in upto fainalaztion.
income from depreciated asset is profit or loss?
what is non stock?
Expand RMP