Golden rules of accounting
Answer Posted / ranganathan
Real A/c : Debit What is comes in
Credit what is goes out
Nominal A/c : Debit All Expenses & Loses
Credit all Income& Gains
Personal A/c : Dedit the Receiver
Credit the GIver
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
DIFFERENCE BETWEEN THE DEPRICIATION AND IMPOSEMENT? DIFFERENCE BETWEEN THE CAPITAL LEASE AND FINANCE LEASE?
1.how can carry forward the balance of ledgers to the next financial year in tally erp 9
Short Answer on __________Event
What is wealth maximisation
I am going to attend an interview for the post of jr. Accounts Officer in airport authority of india,pls help me to prepare for the interview??
what is the step in preparing the schedule of audit? can someone explain for me?
in which group under we will open donation and hamali weekly payment account or ledger
Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?
what is audit mean? what is vouching? how to finalize the account? what is the meaning of + cast < as per last year auditor’s a/c ^ as per ledger JV journal voucher PV payment voucher AJV authorised journal voucher APV authorised journal voucher RV receiving voucher PCV petty cash voucher CPV cash payment voucher DN debit note DO delivery order PO purchases order CN credit note PS policy schedule RPS renewal policy schedule B bill Cx cross check nCx cannot cross check CB cash bill L list/letter SRF stock requisition form R report OR office report INV invoice DS deposit slip AB assessment bill Re receipt ECF entertainment claim form ATRF air ticket requisition form
state and explain THREE types of situation to which accounting concept might be applicable
what are the payroll procedures?
what is purchase consideration?
What is PE ratio formula ?
What is Mean By FRS for HQ reporting, How To Prepare?
Short Answer on __________written Down value