Golden rules of accounting
Answer Posted / somnath nandi
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER
| Is This Answer Correct ? | 1 Yes | 0 No |
Post New Answer View All Answers
Expand-------NSAC
what do u mean by single error and double error in accointing errors?
---------is the main or principle book of accounts
Expand---------PSRT
HI i have been shortlisted for the Syndicate bank PO post. Can any one guide me about the interview questions..and answers?
what is a reducing balance method and depreciation fund investment method and 2 diffrences?
What is COVER payment?
How and by whom the Percentage of Depreciation is fixing?
respected sir,i am doing II b.com(CA) in a reputed college..i want to know about the ideas and ways to shine in future.i am doing ICWAI also sir.i want to know what shall i study more in this field to shine...
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
whether unsecured loans written off can be transferred directly to capital reserve without crediting it to profit and loss account
What is 100% EOu? what is the benifit and what is difficulty of it?
what you mean by cross dunning
WHAT IS B.E.P. CHART
can anybody send me interview question&answer to me in accounts and finance and income tax....my mail.id...jagathis1986@gmail.com