Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is accounting rules

Answer Posted / ayisha

real Nominal & Personal
1.Personal Account:Debit the receiver n credit is the giver.

2.Real Account:Debit what comes in n credit what goes out.

3.Nominal Account:Debit all expenses n losses n credit all incomes n gains.

Is This Answer Correct ?    19 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the disadvantage of double entry system?

1035


A manufacturer want to sale his product in Rs 110/ where his manufacturing cost is 100.what will be tax for the product in different way.If he want to sale his product outside the state then what will be the taxation way. I want to know as urgent.Hope you will describe me as brakewise statement with example.

1927


Q1.How depreciation deffer from depletion? Q2.show the main benefit from calculating and recording depreciation.

1861


Is it compulsary to give TOEFL for applying US visa.

2037


What does overhead mean in regards to accounting?

1041


Explain what is involved in the process of double-entry accounting?

2237


What are the objects of cost accountancy?

1104


Our is a banking Activity, one person is supplying printing advertisement sheet of our product, whether he is liable to deducte TDS @ 1%

1739


Can u please send me a set of accounting base questoin with answer,genraly ask by interviewer?

2032


Hi wht r da questions which are mostly asked in an Accounts related job for freshers?

1877


What is fractional code and how can i get a fractional code for a particular account?

1982


What are the differences between accounting and auditing?

1068


How can you do credit control?

1087


what is inter-company transaction? what is Inter-Branch transaction?

8752


how to deduct tds on income from other sources with examples

2068