Golden rules of accounting
Answer Posted / ganesh
personal a/c : Debit the receiver
credit the giver
Real a/c : Debit what comes in
Credit what goes out
Nominal a/c : Debit all expences & losses
Credit all incomes & gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
is indian bank or canara bank CBS brach?
fd redeem interest and principal entry in tally
write about an e-mail to manager seeking permission for leave
fridge was capital or revenue?
What is EBITDA
Short Answer on ______________House Rent allowance
What is a Balance Sheet & Profit & Loss Account?
hey! i have an interview for PO in union bank on 11th feb. can anyone please tell me what major topics should i prepare for? of course npa is there. also cibil and basel basics. is there anything else i should prepare?
euro currency market
define drawer or maker
what is the process of excise duty?
What is the role oF Jr Financial Analyst ? And what are the General Questions Asked for this Profile For freshers ?
what are the purpose for the preparation of cost centre ?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
Who is the maker of the promissory note