Golden rules of accounting
Answer Posted / jaibheem
Personal A/C Debit the Reciever
Credit the Giver
Real A/C Debit What Comes
Credit What Goes out
Nominal A/C Debit all Expences on loss
Credit all Income and Gains
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
What is the New GL concept? how do you configure new GL a/c?
Depreciation method to using Indian company names
Hi friends can you send me the Accounting Interview questions with a interview experienced questions please
are there any sub-types of the 4 main types of bank accounts ?.........if yes what are they?
WHAT IS B.E.P. CHART
can i get exact salary of clerk in SBI. and i want to know about promotion details .....
Q13. Journalise the following transactions: Proprietor withdrew for private use Rs.4000/- from bank and 6000/- cash. Goods Costing Rs.5000 was burnt by fire. Purchase Machinery for cash Rs.150000/- and paid Rs.2000/- on its Installation. Charge 5% Depreciation on building costing Rs.200000/- and 8% Depreciation on Furniture costing Rs.5000/-. Prepaid Salary Rs2000/- Kapil who owed us Rs20000/- become insolvent and nothing is received from his estate.
what do you mean by financial analysis and technical analysis ?
Up to what time we can show TDS Receivables under Advance Income Tax A/c?
what is the difference between financial accouning and financial management?
How to dived the persons AOP, AJP, BODY OF INDIVIDUALS,HUF,COMPANY-NON RESIDENT, COMPANY RESIDENT LOCLA AUTHORITY,PARTNERSHIP FIRM(meaning)
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
What do mean by Computerization of accounts
Let me know the difference between cash flow and free cash flow
closing stock at the end is comprised of %a purchase price of $60000,10% discount and 15% import duty.The stock can be sold for $70000 after incurring costs of $1950.Included in the purchase price is abnormal wastage of $2000.Transportation costs are $1000 and storage costs are $500,what is the value of the closing stock?