Golden rules of accounting
Answer Posted / banajit haloi
Personal a/c-- Debit the Receiver
Credit the Giver.
Real a/c--Debit what comes in
Credit what goes out.
Nominal a/c--Debit expenses or losses
Credit gains or incomes.
| Is This Answer Correct ? | 2 Yes | 1 No |
Post New Answer View All Answers
A crushing unit blasted 1650Mts in the month of March 2009. The rate of Royalty to be paid is rs 35/- Per MT. Advance royalty was paid rs 250000/- on 1-3-2009. pass journal entries from the advance royalty
If i want to establish a company in which i want to manifacture and sell the Wine. So how many permissions i have to taken and who will issue those?
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
what is meant by virus
How to Calculate Mortgage?
what are the payroll procedures?
how we will prepare n file income tax returns for individuals?explain
hii,i was appeared in recruitment process of Catholic Syrian Bank.Interview question were general banking related... as what is crr,calling rate, current inflationrate etc
What is DECR And for wt it is used?
Expand---------PDBC
Sir i am working in 3 star hotel as a senior accountant i need some general letter drafts pleas do the need ful
you went outside to purchase vegetagles, suddently big rain came then what you will do
Distinguish value andPrice
please send me last 3 years question & solution
i am a mba fresher and i'm learning oracle finance.please give me ur valueble suggetions about my career in oracle finance? what r the requirements 2 get a good job in time?