Golden rules of accounting
Answer Posted / gaurav n. godhwani
Real Account debit what comes in
credit what goes out
Nominal Account debit all expenses and loses
credit all income and revenues
Real Account debit the giver
credit the receiver
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
proprietor pays the hotel expenses of foreign client by his icici bank credit card. and then he pays the credit card bill by canara bank current account. how to pass entries in tally for this secnario
total capital stock
what is Accounting Standers?
capital introduced by partners? how it will be shown in tally? (i.e.at the place of Account what we have to post) (at the place of particulars what we have to post) (in which vocher we can post it)
I work in a semi govt society. We purchased a flag for celebrating independence day in office premises . Plz tell me under what head / ledger of exp it comes
what are responsibilities of an accountant in a company?
Can i make invoice when my client apply for TIN Number ?
i have interview in KVB on 12-12-08. so Please send me some questions asked in previous interviews contucted by KVB?
distinguish between price rate and time rate?
Hi Im Arun D. I m short listed for Karnatka bank interview. Can anybody share ur experiences regarding Bank interview of karnatka bank which was held on dec for Clerical post. Please help me I f u can. thanx in advance
The following Trial Balance was extracted from the books of Chetan.Do you think that it is correct? If not,rewrite it in the correct form. Debits Rs Credits Rs ------------------------------------------------------------ Stock |8250 | Capital |10000 Purchases |12750 | Sales |15900 Returns outward |700 |Returns inwards |1590 Discount received|800 |Discount allowed |800 Wages & salaries |2500 |Scooty |1750 Rent and rates |1850 |Carriage charges |700 Sundry debtors |7600 |Sundry Creditors |7250 Bank Overdraft |2450 |Bills payable |690
Explain the word Liquidation
hello,dear any body give me mis report format. my email :kumar_ranjeet121@yahoo.in
what is cost accountinp
different between acconting and elective mathematics