Golden rules of accounting
Answer Posted / mahendra rajput
PERSONAL A/C - DEBIT TO RECEIVER
CREDIT TO GIVER
REAL A/C - DEBIT TO COMES IN
CREDIT TO GOES OUT
NOMINAL A/C - DEBIT TO ALL EXPENSES/LOSSES
CREDIT TO ALL INCOMES/REVENUES
| Is This Answer Correct ? | 21 Yes | 1 No |
Post New Answer View All Answers
Transfer nett profit of Rs 325000/- to Reserves and Surplus
What is EBITDA
why are you selecting for the profitbulity analysis costing based& active based
A company produces and sells 12500 units of Commodity X at Rs 50 each. The variable cost of the production is 20 % of selling price. Fixed cost being Rs 100000 per annum. Calculate the PV ratio and BEP if. The selling price is reduced by 5 %. Fixed cost is increased by 2 lacs
euro currency market
What do you mean by Green-shoe option?
pl send me SBI previous question papers for clerical post to my email id :jahnavi_devi@yahoo.com
plz send all previous question papers for SBI clerical post.My email id is mechabhilash6@gmail.com
income from depreciated asset is profit or loss?
Define Bill of Exchange
discounted our own note 60-18% for 4,500 note. the proceeds will be directly credited to bank account. what is the entry of this?
state and explain THREE types of situation to which accounting concept might be applicable
What is Inventory Control?
HOW CALCULATE ADVANCE TAX ? PLEASE EXPLAIN IT ?IN CASE OF FIRM, IF WE PAID FIRST INSTALMENT OF ADVANCE TAX.
Since the interest rates on fixed deposits are very low as compared to the other growth oriented investment options, what are the permitted investment options that a public trust like that of a private school or small credit societies have and which are permitted by charity commissioner, Mumbai