Interested to Buy Any Domain ? << Click Here >> for more details...
KINDLY EXPLAIN THREE TYPES OF ACCOUNTS WITH EXAMPLES
- 7 Answers
- 41132 Views
- DCA, I also Faced
- E-Mail Answers
Answer Posted / nizamuddin
personal account, debit the receiver credit the giver,
real or asset account, debit what comes in credit what goes
out
nominal or ficticious accounts, debit expenses or losses
and credit incomes and gains.
| Is This Answer Correct ? | 23 Yes | 8 No |
Post New Answer View All Answers
Explain which accounting application you prefer most and why?
want to know the questions and answers frequently asking in banks at the time of interview for any cadre
What is WCT ? Who will Resposible for deposit WCT Means TDS Deductor or Material supplier. Is TDs applicable on WCT. Who will responsible for deposit WCT. I Am New For this Field. Thanks in advance...
What is liabilities and what all does include in current liabilities?
How much statistics knowledge is necessary or required in accounting?
What are a debit note and credit note with an example?
iam working with tally ERP.9,but iam dont prepared reconciliation,trial balance,profit&loss,balance sheet etc.bcoz all these activicties done in head office.plz give me citeria where iam prepared.
What is an adjusting journal entry?
Explain how you can adjust entries into account?
If the company acquires equipment prior to incorporation what are the accounting entries?
why assets are shown at their historical cost price but not at their current price bcoz we are following historical cost concept. but this will not reveal correct financial position of the business.give reason
What is the difference in accounting and marketing and what is so different about them?
while preparing insolvency account deficiency account is wich account? why we do not prepare it with general rules?
What is balance sheet and off balance sheet?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
