Interested to Buy Any Domain ? << Click Here >> for more details...
What are accounting Principles?
- 152 Answers
- 338125 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / padmawathi
THERE ARE THREE
1) .PERSONAL a/C :- DEBIT THE RECEIVER.
CREDIT THE GIVER.
2).REAL a/c :- DEBIT WHAT COMES IN.
CREDIT WHAT GOES OUT.
3).NOMINAL a/c :- DEBIT ALL LOSSES AND EXPENCES.
CREDIT ALL GAINES AND INCOMES.
| Is This Answer Correct ? | 1 Yes | 2 No |
Post New Answer View All Answers
How To Create User Account?
Where Does Bank Of Uganda Derive Its Mandate To Supervise Financial Institutions?
What is 'spns'?
What Is Managerial Accounting?
What is your perception of Development Officer as a Career?
Explain the internal structure of a finance department in medium and large businesses.
Why convertible securities are more attractive to investors?
What is the use of color boxes in WTO category of subsidies?
What are the various banks take for women empowerment?
Comment on Budget 2017 - 18 and current five year plan?
What are the contents in lease agreement?
What is capm?
What do you mean by RBI as a lender of last resort?
How Is The Single Supervisory Mechanism Organised?
What is capital gearing ratio?
