Golden rules of accounting
- 369 Answers
- 647975 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / sathish. t
Personal A/C : Debit the receiver
Credit the giver
Real A/C : Debit what comes in
Credit what goes out
Nominal A/C : Debit all expenses and losses
Credit all incomes and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
how to mention last year profit of ay private limited company in current year balance sheet ?
Can anyone mail journal entries for me? my Mail id rukmini@live.in
What do you mean by Revenue? does it include the Service Tax,VAT etc., by any chance ?
what is the difference between sap and sas?
What is revaluation of assets.when it occurs
how to calculate share values of a company.
what are the customization u have done in sap mm
what is the organisation chart for accounting and finance ?
How i pass the share holders capital entry in Tally? How to set this option in Tally?
How to enter PO in SAP
what are responsibilities of an accountant in a company?
All shot cut key use in the tally software & it's uses
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c
What is the base for issuing of C-form date of sale or date of purchase since goods sent by one quarter ended may reach in next quarter.
