Interested to Buy Any Domain ? << Click Here >> for more details...
What are accounting Principles?
- 152 Answers
- 337956 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 / anubhav beniwal
Accounting Principles are:
Personal Account: Debit the Receiver and
Credit the Giver.
eg. Bank a/c, Capital a/c, Outstanding Expenses/ Incomes.
Property /Real Account: Debit what Comes In and
Credit what Goes Out.
eg. Purchase a/c, B/R a/c, Patent a/c, Cash a/c.
Nominal Account: Debit all Expenses and Losses and
Credit all Gains and Incomes
Salary a/c, Stationery a/c, Depreciation a/c,Interest a/c.
| Is This Answer Correct ? | 1 Yes | 1 No |
Post New Answer View All Answers
What is your biggest failure in life?
What Is Inter-bank Deposit?
hi i'm Praveen Kumar, i'm selected for sbi 2010 exam. what are the types of questions in sbi? wher can i read online or is there any book which you would prefer. my number: +91 9962365897 thanks in advance
What is Call money market?
What do you know about the recent satellite launch?
What is the difference between Partnership and Company ?
What do you know about Pay Pal?
What are banks?
How is 1st May celebrated?
Why would two companies merge?
At present who is the prime minister of India?
What are the various services provided by a commercial bank?
Tell about NABARD and its working?
What Are Various Functions Of Rbi?
How is Economy,Industry and Company analysis is carried out by the Fundamental Investor?
