Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 723367 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / m.s.a.siddiqui.
There are three rules for recording the transactions
personal Account:
Debit The Receiver.
Credit The Giver.
Real Account:
Debit What come in.
Credit What goes out.
Nominal Account:
Debit Expenses and losses.
Credit Incomes and gains.
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
Define Bill of Exchange
Short Answer on ___________Appreciation
what is mixed invoice, prepaid invoice,quick invoice,podefault invoice,withholding tax invoice,please explain me in detail?
sir,how to get strong position in finance .how to get good position in company. qulification.Msc,MBA
which are company offering jobs in PORTFOLIO MANAGEMENT ?
Is it correct to covered fesibility report expenses and survey expenses in pre-operative exepenses ?
Expand---------MRDT
You are required to show the effect of each of the following changes on profit and Break-Even-Volume from the information given below: Sales 50,000 units Rs. 5.00 per unit Variable cost Rs. 3.00 per unit Fixed cost Rs. 70,000 Changes: (i) Price changes by 20%. (ii) Volume decreases to 40,000 units. (iii) Variable cost increases to Rs 3.50 per unit. (iv) Fixed cost decreases by 10%.
Ram retired from partnership. The partners with mutual consent agreed to put the capital balance as on the date of retirement as loan to the firm @ 18% pa. The credit balance to his capital account was Rs 325000/- Pass necessary entry
Expand-------NAC
What will be the consequences if the partnership is not registered
what is crisil?what is the advantage of crisil rating?
what are valuation accounts?
barwaha
what is circuit filter?
