What are the 3 Basic Rules in Accounting.
Answer Posted / mahesh
There are three basic rules in accounting
Real Account: what comes in--Dr
what goes out-----Cr
Personal Account:the receiver--Dr
the giver--------Cr
Nominal Account: All expenses and losses--Dr
All income and gains-------Cr
| Is This Answer Correct ? | 0 Yes | 0 No |
Post New Answer View All Answers
Short Answer on __________Revenue
commisiion recieved journal entry and receipt required
What is discounting accounting and why depriciation of assets are mention in dicounting accounting?
what type of questions are asking for fund administration???
while doing work in dolphin software when credit note is given by supplier to purchaser then purchaser is debited supplier account so on credit side which account is coming which account should be credited
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)
I have been interview in next week my posting is accounts officer i have be manage with AP,AR,BRS and GL what Books i have read.
Suppose My received Interest Income is 24934.59 And for the same time my Bank Charge total is 7785.19. Now the total Bank Charge will be deducted from Interest Income and the amount of (24934.59-7785.19)=17149.40 will be withdrawn to deposit in govt. Account.What will be the Journal Entry for 17149.40. Here, Already Bank Charge 7785.40 is Already Debited and 24934.59 is already credited in Journal.
Expand--------SOT
Iam selected for final round of interview in IDBI bank for asst. manager post. Can any one help me in knowing what kind of questions will be asked in the interview and how should i prepair?
What si the differance between REVENUE and PROFIT?
How can I find out my credit rating score for free?
company accounts introduction?
Define The Term Journal And Explain The Present Day Use?
What is contract accounting?