What are the 3 Basic Rules in Accounting.
Answer Posted / shanti timalsena
for personal account
debit to receiver
credit the giver
for real account
debit what comes in
credit what goes out
for nominal account
debit all exp/losses
credit income/gain
| Is This Answer Correct ? | 2 Yes | 0 No |
Post New Answer View All Answers
how standard costing techniques are applied in manufacturing sectors
how to pass journal entry or where to show forein transaction reserv in Bal sheet. pls explain basic
wages posted twice what is the entry for that?
What is dematerialisation and its benefits?
What is the complete role of a Process executive in Accounts Payable Process ? Please anyone who is an expert in the process answer my question. A reply would help me a lot.
Why in a cash book receipts are debited while the same if received in our books recepits are credited. Why does cash book have a rule to debit receipts and credit payments. For example if am paying the cash that i owe the company or firm i debit in my books(cash) on the debit side and should credit in the cash book but i cant do that cash book take receipts on the debit side as per the general . please clarify many thanx in advance
WHAT ARE EQUITY SECURITIES?
what are the models of valuation of the company
is advance against FD or RD is treated as NPA .if EMI is not in scheduled . or classification of npa as per day is is made from sanction date or last payment date of repayment . please suggest me
Difference Between Revenue & Capital Expenditure (Give an Example of each )
in accounts welding institute which category will come for example 1. recruitment con.pvt ltd. is man power recruit category ,so iwant to welding institute (learning welding and fibrication)
Name some errors which can be detected by Trial Balance
what is the meaning of input vat & out put vat?
All Accounting Question Related Send Me ..
What is Spin-off & spilts