Interested to Buy Any Domain ? << Click Here >> for more details...
Answer Posted / ch.brahmaji
2types of rules of accounting
1) personal accounting
2) impersonal accounting
1) personal accounting in that include of only personal
related to account rules
1 natural person
2 artificial person
3 Representative person rules of using
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER
impersonal accounting
1 nominal accounting
2 real accounting
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
real accounting is assets
in that many types of assets are like fixed assets ,current
assets ,
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OU
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
Define trade bills?
What is mean by working capital?
Is there Disqualification of Auditor u/s 139 of Companies Act 2013 if the auditor is indebted towards the company to be appointed as an auditor, if amount exceeds more than Rs.1000 as against the provision related to Companies Act, 1956 ?
MEANING OF RED HERRITING
Tell me do you possess any knowledge about accounting standards?
How to make privision in SAP. (Please revert on the possibility of making this happen at PO Stage)
suppose we received goods from H.O.The sisterconcern received it.wat will be the entries if tge S.C.sells it from here.
What is the difference between costing and cost accounting?
what is t code of all expences general legder?
pls. tell me with detail (what is the rate of service tax and w.c.t. for a contractor who do civil work -make building and repairing. what is the format of generate a bill for (with material and labour both ) what entry should i pass in my accounts bokks. general and sales entry.
What is the importance of accounting standards?
What is the general net worth percentage banks will observe while sanctioning the Loans for Tranding, Construction and Manufacturing units.
"A" has two divisions of "B" and "c".In our system we have two vendor accounts of B&C.We have received one Non PO invoice of B and posted wrongly in C and its got paid.While reconciling the account we got this error is happend.We contacted the C and asked for refund.But C said,he transfer internally the amount directly to B and he will not refund the amount.How we will settle this entry in our books. If we reverse the entry...there is one invoice needs to be reverse and payment doc needs to be reverse..how we can settle this in our books...
why you want to lecturer
How use Budget in SAP, i want to see the report of variant between budget and actuals.
