Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / heera
There are 3 Accounting principles. They are
1.Personal Accont:Receiver=Dr
Giver=Cr
2. Nominal Account:Expences/Losses=Dr
Incomes/Gains=Cr
3. Real Account:What Comes in=Dr
What Goes Out=Cr
| Is This Answer Correct ? | 9 Yes | 3 No |
Post New Answer View All Answers
fiscal year variant Vs posting period variant
Expand MNS
Explain howyou would account for the following items/situations,justifying answers by reference to the conceptual frameworks defintion and rcognition criteria. a)A trinket of sentimental value only b)You are the guarantor for your friends bank loan i) You have no reason to belive that your friend will default on the loan ii) As your friend is in serious financial dificulties,you think it is likely that he will default on the loan c)You receive 1000 shares in X Ltd,trading at $4 each,as a gift from a grateful client. d)The panoramic view of the coast from your cafes windows,which you are convinced attracts customers to your cafe
Expand-------ANTS
differences between liabilities and assessts
What are Corporate Action?
Expand----------CMST
what is Functional Specification in SAP FICO?
can u let me know how the bankers calculate interest on O.D.account
What is the content of purchase order? n content of voucher? what is the main use of voucher.
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
What is Spin-off & spilts
what is tds rate of WCT applay for sale tax ragistard company.
Have you worked with other on team endeavors
how Mis reports are used?n why it is used ? explain
