What are accounting Principles?

Answer Posted / pavani priyanka

persaonnel account: debit the receiver and the credit the
giver.
real income: debit what comes in and credit what goes out.
nominal income: debit all expenses and losess and credit
all gains and incomes.

Is This Answer Correct ?    1 Yes 1 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is a stale cheque?

625


Name the types of 'inflation'?

644


What are the different risk management techniques used in trading?

647


What's SLR?

631


Tell us about your qualification and subjects you studied?

634






Have you ever had to bend the rules to get the job done. Why was that?

653


What are main courses that price of the share goes up and down in daily transaction?

587


What might cause recession?

693


Expand MSR.

850


A man purchase 1 Nokia mobile net price 10000 discount 25% than half of the amount cash & half of the amount check?

4686


What is 'union excise duty'?

613


What do you mean by assessment year?

714


Please tell something about ex-president APJ Kalam. Why he was so popular?

682


On What Basis Securities Should Be Selected?

721


WHAT IS CFORM PROVISION

3317