Golden rules of accounting
Answer Posted / saran
Personal Account Debit the Receiver
Credit the Giver
Real Account Debit What Comes In
Credit What Goes Out
Nominal Account Debit all Expenses and Losses
Credit all Incomes and Gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
what is the use of accounting standards
explain the difference between LIFO and FIFO?
How & When We Calculate Deffered Tax... Please Give me Some Example.?
what is non stock?
1) why rbi charges more interest rate in d form of repo while borrowing from commercial banks, and lends at a lower interest rate(reverse repo) to d commercial banks? 2) Do cooperative banks need to maintain policy rates with rbi? 3) why rbi does'nt pay any interest rate on CRR?
what are the certificates needed at the time of SBI clerical interview?
does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP
why would you like to opt nbp
i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
Assets are held in the Business for the purpose of____________________
what is the frienge benefits tax?what is usefull?
what is pre post expenses
EXPAND___________NBFCS