What are the 3 Basic Rules in Accounting.
Answer Posted / deepak
personal a/c
debit what comes in
credit what gose out
Real a/c
debit the reciver
credot the gover
nominal a/c
debit all exp/losses
credit all gain/profit
| Is This Answer Correct ? | 2 Yes | 4 No |
Post New Answer View All Answers
Is depreciation a expense or income?
Expand ----------GIDB
Paid vehicle insurance of Rs 12000 on 1-1-2009. Pass entry at the of payment and also create prepaid insurance account
How are fund-raising and publicity and management and administration costs apportioned over funds?
Difference between nonoperating expentiture and non cash expenditure
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
Total numbers of companies listed on stock Exchange?
What is Trade Recovery Estimate and how can we calculate it?
Expand--------SRTA
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
Why not we must to created Provision & Reserve? And if we're not to recognized what the effect will be?
If someone knows about the test pattern of Junior executive accounts than please share.
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
state and explain THREE types of situation to which accounting concept might be applicable