What are accounting Principles?
- 152 Answers
- 298124 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 / naveen agarwal
THERE ARE 3 ACCOUNTING PRINCIPLES
1 PERSONAL ACCOUNT
DEBIT THE RECEIVER
CREDIT THE GIVER
2 REAL ACCOUNT
DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
3 NOMINAL ACCOUNT
DEBIT ALL EXEPENSES
CREDIT ALL INCOMES
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Mention what are the responsibilities of a property or casualty actuary?
Does the president have the power to allocate funds,without Legislative approval, to be used directly by individual companies?
What is Balance of payments adjustment mechanism?
What is the meaning of goodwill? How is it calculated?
How do we calculate GNP and GDP?
What is the role of banks in the development of the economy?
What's Purchase and selling of foreign currency?
How do you calculate treasury stock?
What is capm?
What are the services generally provided by a bank's branch?
What is working capital? How would you calculate it?
What is capital structure? What are the principles of capital structure management?
Why bse has 30 index and NSE has 50 index. Why not BSE has 29 or 31 index and why not NSE has 49 or 51 index. why both has a exact 30 and 50 index.
What is retail banking?
What will you comment on women empowerment?
