basic rules in accounting
Answer Posted / junaid
Personal
Debit to Receiver
Credit to Giver
Nominal
Debit to all Exp / Loss
Credit to all incomes / gains
Real
Debit to what comes in
Credit to what goes out
| Is This Answer Correct ? | 28 Yes | 1 No |
Post New Answer View All Answers
let me know the minimum Accounting Heads in an accounting system
shares journal entries
Which document should be attached with purchse & sales invoice?
Expand-------ACNS
your parents have lent you $20,000 to buy a car and have told you to pay it back whenever you like in conceptual framework
What is Merchandising Accounting process
difference between office expense and miscelleanous expense with some examples
how to entery pass in tally when items damage(items insured)and claim to insurance co.
Expand------ARN
as per partership firm TDS receivable at the end of goes to partners current account, but at the multinational company how pass TDS entry pass, where is it is goes
What's the meaning of Preferential Creditor?
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
What is the Memorandum voucher?
Define Bill of Exchange
Take me through the entire vendor cycle.