Golden rules of accounting
Answer Posted / manoj kachrekar
Real A/c : debit was comes in
credit was goes out
Nominal A/c : Debit all expenses & losses
Credit all profit & gains
Personal A/c : debit the receiver
credit the giver
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Which entry we pass self entry like cash withdraw for ourself
give the examples of Error of Duplication?and Error of compensatin? with entries
What is accounts payable?
How to Calculate Mortgage?
what are responsibilities of an accountant in a company?
what is organic profit? and how it is calculated?
Expand ________FOR
how can i make transaction related to inflation account in sap ?
what is exercise duty how to calculate that and how to update in tally
Transfer nett profit of Rs 325000/- to Reserves and Surplus
What is the analytical way of accounting?
hi.this krishan .i m slect in axis bank for executive. when i sposse to join
Expand---------PDBC
state and explain THREE types of situation to which accounting concept might be applicable
what do u mean by comparative budget?