Golden rules of accounting
Answer Posted / mayur & gujar
personal a/c :debit the recevier
credit the giver
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Explain why retained earnings have an opportunity cost associated?
whts is the meaning of over cost and under cost, what is difference ?
What do u mean by pass through expenses? give examples, how it will be accounted & billed?
explain sales/purchase accounting?
recently release the 6.0 version not succede in the market why?
what do you mean by accounting?Explain the various concepts of accounting and the need for having accounting standards?
How can a Society be converted to a Private Limited Company in the Real Estate Industry and at the same time have the least tax liability upon it's profits earned during the financial year closing
what is the nature of bill receivable and consignmenta/c
what is tds rate of WCT applay for sale tax ragistard company.
please tell me questions asked in NICMAR for the post of accounts executive
Why we have to present first and second draft(Bill of Exchange) for bank negotiation.Why cant we present only One draft?
which Electrical items is Exciseible
sir, i am working recruitment con.pvt ltd inthat one person salary will pay per month Rs.28000/- so i want to enter in our books only one salary payment or basic pay and spl.aa and others like this break up entrys we will pass please suggest
business sepsarate entity concepts
can anyone provide me the Balance Sheet Items & P & L Items with Accounting Heads with Accounting codes?