What are the 3 Basic Rules in Accounting.
Answer Posted / madhu
the 3 golden principles of accounts are as follows:
personal a/c
real a/c
nominal a/c
personal a/c,
debit the receiver
credit the giver
real a/c
debit wat comes in
credit wat goes out
nominal a/c
debit all expenses & loss
credit all incomes & gains
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
income from depreciated asset is profit or loss?
What is re-financing in Letter of Credit settlement
how many schedules are there in accounting?
am attend to bank exam(iob)pls send model questions
what is meant by transposition error
Dear sir, I have complete B.com in march 2007, for past 4year i am doing some marketing jobs in insurance sector, now i need to change my job in accounting sector, i have heard that by doing SAP Fico there will be better opurtunity in corporate companies.
What is the difference between horizontal balence sheet & vertical balence sheet explain in detail.
how to make a project accounting in tally erp9 ?
Reserve Capital and Reserve Capital
is indian bank or canara bank CBS brach?
How many types we are received funds in business purpose
recently release the 6.0 version not succede in the market why?
Expand-------ACNS
institutional investors?
in a every intervew asking one common question why you are living current employer, which is the best answer