Interested to Buy Any Domain ? << Click Here >> for more details...
Golden rules of accounting
- 369 Answers
- 722864 Views
- Accenture, Accounting, Ajuba, Birla Tyres, Chartered Accountant, Flextronics, Genpact, Hewitt, HP, Intel, JPMorgan Chase, Northern Transport, Oracle, Scope International, TCS, TransWorld, UCO Bank, WNS, I also Faced
- E-Mail Answers
Answer Posted / santosh
Accounting is mainly classified under three categories
which are below,
Nominal Accounting: Debit all Expenses and Losses
Credit all Incomes and Gains
Personal Accounting: Debit the Receiver
Credit the Giver
Real Accounting: Debit What comes in
Credit what goes out.
| Is This Answer Correct ? | 1828 Yes | 263 No |
Post New Answer View All Answers
Short Answer on ___________Appreciation
WHAT IS THE DIFFERENCE BETWEEN PUBLIC COMPANY AND PRIVATE COMPANY? MUTUAL FUNDS? GOOD WILL? ABOUT YOUR PROJECTS?
what are Equity shares,Preference shares,Bonus shares,Bond,Debentures,Dividend?
genpact uk based shift timings? and R2R job profile?
Sales for ABC Company were Rs.150,000 for 2003.The beginning inventory was 30% of the cost of goods sold.The ending inventory was 50% of the beginning invetory.Selling expenses were 10% of sales and absorbed 30% sales.Income taxes were 30% of net income before taxes.
hi, what type of questions are asked in capital iq interview .plz let me know. thanks... venkat...
WHAT WILL BE THE ACCOUNTING ENTRIES IN THE BOOKS IN CASE OF A COMPANY HAVING ITS SHARE CAPITAL WHEN A NEW COMPANY (LTD OR (P) LTD) IS FORMED ?
what is monetary polasy and how it is different from trade polacy? how it will impact on stockmarkets in India?
why are you selecting for the controlling area same company code?
Upto what age PF will be deducted for an employee? And what age he is eligible to gratuity?
How Frequently shall a company file the service tax returns and how frequently shall a company pay the service tax to the Government ?
which kind of expenses or Income will come under direct expenses or Income ?
What are different types of reports made in tally
what is mean by traditional accounting ?
Tell me the steps for Import and Export Thanks
