Interested to Buy Any Domain ? << Click Here >> for more details...
What are accounting Principles?
- 152 Answers
- 338121 Views
- Accounting, Banking, Eskom, EXL, Finance, Fluor Daniel, Genpact, HSBC, IBM, Infosys, JPMorgan Chase, State Bank Of India SBI, Syntel, Vibha Seeds, Wipro, Wrox, I also Faced
- E-Mail Answers
Answer Posted / lakshmi
1.personal a/c:
Debit is receiver
credit is giver
ex: Rama received 10000
2.real a/c:
debit what comes in
credit what goes out
ex:computer purchased 20000
3.nominal a/c:
debit all expencess and losses
credit all income's and gains
ex:salaries paid,rent received
| Is This Answer Correct ? | 0 Yes | 1 No |
Post New Answer View All Answers
How will you define the role of SEBI?
Names Different Types of Debentures According to Security?
What is the short cut to cancel a day book or list of vouchers in Tally ERP 9?
What idea do you have about E- Commerce?
How will you differentiate between direct and indirect taxes?
What documents are required for kyc?
What is the difference between primary and secondary market?
How To Enable And Disable System Administration Mode?
What is Meant by at Premium in Issuance of Shares?
What is capital gearing ratio?
What is the deportment of RBI monetary policy?
As an investment banker what you think an analyst does on a typical day?
How can NPAs be reduced?
What is fertility rate?
Throw some light on Aam Admi Party?
