Golden rules of accounting
Answer Posted / soumya sashidhar
Personal A/c:Debit the receiver
Credit the giver
Real A/c: Debit what comes in
Credit what goes out
Nominal A/c:debit all expences and losses
Credit all incomes and gains
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Hi, I am preparing for Junior Accounts Officers test- APTRANSCO. Can any one suggest the model paper / Books available? john kadapa
You configured new assets accounting for your company code with three depreciation areas that post in real time. When posting an external acquisition. How many documents are created?( any 1 answer) 2 3 4 6
who introduces the single entry format?
What is the working formula for Inventory turnover
My company's accountant use two different way to calculate Depreciation,one as per Companies Act and another rate for Income Tax calculation. Why we have to use two way to calculate it? Can we just use one way to calculate?
what are the models of valuation of the company
Expand-----RTD
whether financing to Bulk Milk Coolers comes under CMA under Agriculture or Non Farm Sector
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
What are the types of journal categories available in the Oracle AP?
all of interview question about coop bank of oromia
Expand MNS
What do mean by Computerization of accounts
Short Answer on _________Financial accounting
Short Answer on -----Trade mark