What are the 3 Basic Rules in Accounting.
Answer Posted / anniket bhandakkar
1- Personal A/C
. Debit the receiver
Credit the giver
2- Real A/C
. Debit what comes in
Credit what goes out
3- Niminal A/C
. Debit All Exp /Loss
Credit Income/Gain
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Do I need a waybill in the following case:- If I purchase (on bill) small quantity goods (like artificial jewelry) from one state (say Delhi) and transports it personally (say via flight) to other state (say West Bengal) along with my personal belongings and then I put them to sell through my boutique in that state. Do I need waybill? If yes, what will be the procedure? Do I need to pay entry tax at WB? What will be the procedure? Am I doing anything unlawful while transferring goods personally? Please give your advice. Regards, Manoj
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
i want to know the TDS deduction Chart for 2008/09 Eg : professional fee ,contractors ,subcontroctors. rent . ............
Whats the Balnace of Closing stock so if we issued the materil then the Closing stick will be dr and in case we pirchsed the materil the closing stock will be cr so tell me that i m correct or not
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
state and explain THREE types of situation to which accounting concept might be applicable
Hi all i did my M.B.A financ enw iam doing a job as a finance executive but i feel it is not good 4 me can any 1 plz guide me 4 the better career my job profile is (INVOICING)hw it is help me out 4 the better career shell i continu ein the same 1 by learning sap or oracle or shall i shift to any other if any other which job is suites to me plz suggest me
What is Goods Lost by Fire/Accident/Theft ?
what is organic profit? and how it is calculated?
helo sir, i want to know the writen exam pattern for finance and accounts ang general apptitude test of ongc.
Please suggest the manual records needed to be maintained at NGO/CBO to record the transactions of accounts & inventory. Please also mention the need & purpose of each records/books
what is general HR?
What is the defination of job costing, batch costing and contract costing?
If its is declared by auditor that business is not going concern that what journal entry will be pass?
Why you choose commerce faculty & not science or Why you are in commerce & not in science ?