Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / meelap
GOLDEN PRINCIPLE OF ACCOUNTS
1ST PRINCIPLE OF PERSONNEL A/C.
DEBIT THE RECEIVER AND CREDIT THE GIVER
2ND PRINCIPLE OF REAL A/C.
DEBIT WHAT COMES IN AND CREDIT WHAT GOES OUT
3RD PRINCIPLE OF NOMINAL A/C.
DEBIT ALL EXPENSES AND CREDIT ALL INCOMES
by Meelap Joshi - meelaap@yahoo.com
| Is This Answer Correct ? | 22 Yes | 0 No |
Post New Answer View All Answers
What is the difference between Open Items and Reconciling Items on a Balance Sheet Reconciliation?
I have a doubt in tally,if a customer purchase our product on cash or sometimes credit,under which head i need to make the customer ledger.?
Why some asset accounts have a credit balance?
WHAT ARE THE MOST ELEMENTS OF YOUR JOB?
IN VAT INVOICES DISCOUNT ALLOWED OR NOT
what is the accounting treatment in tally of free goods received with goods purchased.
What are the steps to take before you approve an invoice for payment?
pass journal entry for Prepaid insurance
how to deduct tds on income from other sources with examples
Real,Nominal or Personal. Where do reserves, general reserve and Specific Reserve Go? and why?
What is the Technology used to carry out trades? Pls Tell me as early as possible.
what is a difference between public and private accounting?
If there is an excess amt of TDS paid under the head TDS on contractor, then how it can be shown in Annexure of TDS return?
Define fictitious assets?
What are control ledgers? What are the purposes of maintaining it?
