Answer Posted / prakash

There are three rules of accounts
1. real a/c i.e (asset)
when one asset comes in it should be debited
when one asset goes out it should be credited

2.personal a/c i.e (individual a/c)
when one person or co.receives benefit it should debited
when one person or co.gives benefit it should be credited

3.nominal a/c
all the expenses&losses should be debited
all the incomes&gains should be credited

cash sales and credit sales both are asset or liability?

1448

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what are responsibilities of an accountant in a company?

2052

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Paid office electricity charges Rs 15000/- and Ram partners residence electricity charges 1250 thr andhra bank cheque

1847

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ACCOUNTING CONCEPTS AND CONVENTIONS

2111

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Expand-------CAN

1927

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how to mention last year profit of ay private limited company in current year balance sheet ?

1276

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how to solved the shares qusionas ?

2092

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what is the global prameters why are you selecting for the negative posting period allowed, defalult value date,proposed fisal year

2579

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What are the major responsibility's of an accountant? what are the qualities he /she requires?

2114

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what are the models of valuation of the company

1985

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What problems might be encountered if there were no accounting standards?

3012

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Who will be called as consignee

2099

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ACCOUNTING STANDARDS ISSUED BY INSTITUE OF CHARTERED ACCOUNTANCY INDIA FOR PREPARING FUND FLOW STATEMENT

2022

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We can add the no. of increase in shares due to exercise of the options.Why diluted eps is calculated separatey?

2336

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Sensitive field have been defined and customized for vendor master data. For which of the following sensitive fields will an update trigger dual control?(any 1 answer) Currency Account group IBAN VENDOR ACCOUNT NUMBER

2280

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