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 are the golden rules of accounting?

Answer Posted / pradeep

Personal A/c : Debit all receible
: Credit All Payable

Real a/c Whats ever comes is Dr.
what ever is goes is Cr.

Nominal A/c Dr. All typs of Expenses
Cr. All typs of Income


this is also call the golden rule of Accounting.

Is This Answer Correct ?    0 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector

1716


what is mean by provision ? give me examples ..

2153


please tell me questions asked in NICMAR for the post of accounts executive

4025


I want to know with example of vat & Salestax

2326


Example for extra ordinary expenditure?

2710


plz tell me the finance questions asked in hsbc latest question asked in hsbc?

2114


emplementation of accounting standerds in Bangladesh, developing or copieng?

2204


How can I find out my credit rating score for free?

2086


Explain why the assets of a partnership are usually revalued before the admission of a new partner or the retirement of an existing partner

1922


Can anyone expain.. why the sensex is in points. And why the ratios is calculated. In what way its uesfull to the organisations

2225


what are the differences between Tally and Focus?

7943


WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?

2121


EXPAND______________ICC

2208


Expand-------BANT

2227


You are given the following information in respect of a company: Fixed cost –Rs.13,000 Variable cost –Rs.14,000 Net profit –Rs.3,000 Net sales-Rs.30,000 Find out: a>BEP b>The profit for sales volume of Rs.50,000 c>The volume of sales to make a profit of Rs.10,000

2006