Examples each for golden rules of accounting
Answer Posted / mobi
Golden Rules of Accounts
Personal Account Real Account Nominal Account
1. Personal Account :-
Debit -receiver
Credit- giver
2. Real Account :- Debit – What comes in
Credit – What goes out
3. Nominal Account :-Debit – All expenses and losses
Credit – All Incomes and gains
| Is This Answer Correct ? | 7 Yes | 0 No |
Post New Answer View All Answers
Tell me the meaning of long-term notes payable is or long term liabilities?
Purchase order value Rs. 10000/- 0.7% is erection chareges (inclusive of the above price) central Excise applicable & Local sales tax applicable,The above price is inclusive of all taxes.
plz can some one tel me "The concept of stock holder's equity and paid in capital".
Who is debtor purchaser
What is full rate on plywood box in haryana sale tax:
Explain purchase day book.
What are the disadvantages of double entry system?
Can anybody tell me diference between provisions of Profit and Loss account prepared as per company act & Income Tax Act?
Do you know compound journal entry?
Hi, I am working at Himachal Pradesh, there we pay entry tax for purchase other state. but now govt decide this tax will be deposited with Sale Tax return, now my question is that where column i show this tax or which challn i deposit this tax
Explain what qualities and skills make an account manager successful?
How use Budget in SAP, i want to see the report of variant between budget and actuals.
if I m taking a loan from bank of AED 20 lakhs @ 10.25% per annum for 10 years how much amount as intrest I need to pay in this 10 year period of time to bank.
Where do generally accruals appear on the balance sheet?
i am normally accountant. i am not a CA. then i learn a account maintain