What are accounting Principles?
Answer Posted / m ramu
there are 3 types of accounting principals
1. personnel accoumt:- debit the receiver and credit the
giver,
2. real account:- debit what comes in and credit what goes
out.
3. nominal account:- debit all expenses and losses and
credit all gains and incomes
Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
What is the difference between prop trading and market-making?
What is the current repo rate?
Does ifbi offer any other banking programs?
Explain what is actuarial report?
What major factors drive M&A? What are the major factors driving M&A in your sector? How do you see them evolving in the next year?
What is REPO rate and reverse REPO rate
Define GDP? What is the current GDP rate in the economy?
What are the objectives of slr?
What do you know about PPF Account? Do you have a PPF account?
What Are Npas?
Electronics has given technologies to bank. What are they? Explain?
what features are available in Tally ERP 9 for Accounting?
Can I Obtain Bankruptcy Protection Again If I Have Filed A Bankruptcy In The Past And Am Now Falling Behind In Payments Again?
financial managers are responsible for obtaining and using funds in a way that will maximize the value of the firms. Please explain.
What recent steps has PM Narendra Modi Government taken for betterment of Indian Economy?