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 is the rule of accounting

Answer Posted / umraj kumar gupta

There are one rule of Acconuting.which is known as Golden
rule
For Personal A/c:
Debit the receiver
Credit the giver
For Real A/c:
What comes in Debit
What goes out Credit
For Nomainal A/c:
All expenses & losses are Debit
All income & gains are Credit

Is This Answer Correct ?    7 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Expand---------DEP

1894


Classify bank account, stock of stationary account, returns inward account ou$tstanding rent account and capital account into real, personal and nominal account.

2129


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

1950


what is pre post expenses

4819


what is the frienge benefits tax?what is usefull?

2011


what is Exposure ?

1917


how will you create the posting periods 3 and 5 or 5and 7?

2049


Ram, the proprietor brought additional capital of Rs 75000/- by pledging his wifes gold.pass entry

2166


Who is the maker of the promissory note

1939


genpact uk based shift timings? and R2R job profile?

2208


tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?

4767


How to increase our credit rating score quickly?

1848


When we are raised a interstate invoice then which type invoice we are raised

1823


WHAT IS B.E.P. CHART

2364


how there prepare bank interview

2075