Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / pooja
THERE ARE 3 RULE OF ACCOUNTING-
1) PERSONAL RULE- DEBIT THE RECEIVER
CREDIT THE GIVER
2)REAL ACCOUNT- DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
3)NOMINAL ACCOUNT- DEBIT ALL EXPENSES & LOSSES
CREDIT ALL GAINS & INCOMES.
| Is This Answer Correct ? | 36 Yes | 2 No |
Post New Answer View All Answers
Aravinda Financiers sanctioned a loan of Rs 250000. A cheque was sent after adjusting processing charges Rs 247250 Pass necessary entry
Debit Note & Credit Note?
What is mamimum rate of CST applicable on Plastic Doors in NOIDA?
why should we are preparing BRS
how to entry in tally for other person check received
What are the benefits ofparticipation in a depository?
why do u want to join bpo sector
what are Blue-Chip companies?
Purchase book is a ----------journal
Which element do you need to enter during document posting to distinguish between international and local GAAP (generally accepted accounting principle)?(any 2 answer) • Account group for the account approach • Ledger for the ledger approach • Ledger group for the ledger approach • Account for the account approach
How can someone prepared for Syndicate Bank Interviw? Do interviewer going to ask any aptitude questions or will it be similar to other PO Interviews? Answers solicited..
Nike,Inc. has developed a variable-overhead rate of $10 per machine hour,and estimates fixed overhead $250,000 for production up to 100,000 units per year. If the production manager estimates 9,000 machine hours for the production of 90,000 units next year, what are estimated variable-overhead costs?
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
Which Exchange determine Foreign Exchange/Currency Rate?
