What are the golder rules of Accounts ?
Answer Posted / thulasiram gummalla
R1 Personal : Debit the receiver, and credit the giver.
R2 Real : Debit what comes in, and credit what goes out.
R3 Nominal : Debit all expenses, and losses and
credit all incomes, and gains.
Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
how to download online - old ECR CHALLANS
In case of new admission of partner what will be the adjustment for the sharing ratios
What is inter-corporate deposits? and where it is shown in balance sheet?
what is difference between account and accounting
tell me about a time you had to deal with a conflict between a licensed and unlicensed personnel and how handled the situation?
Why closing stock appears both in trading and Balance sheet? Why does it doesnot appear in trail balance.
What is meant by Revenue Loss
what is forecast
bill to addres? ship to addres? rimit to address?
who introduces the single entry format?
What is share,Bond, sharecapital, Budgeting, BRS, CA, CL, WC, WACC, Depreciation, types of Depreciation, B/S, CF items and some transactions and Preference Share capital, Equity Share Capital , Debenture and practicle Questions to solve and tell there itself whether the co's good for investing etc..like opinion for problems to find out how good one is with basics.
tell me about roll model as father
types of inventory
Who will be called as consignee