Golden rules of accounting
Answer Posted / shilpi kumari
Personal A/c- Debit the receiver.
Credit the giver.
Real A/c - Debit what comes in.
Credit what goes out.
Nominal a/c - Debit all incomes and gains.
Credit all Expenses and losses.
Is This Answer Correct ? | 891 Yes | 729 No |
Post New Answer View All Answers
if we have credit 50 % rg23c part ii first and not credit next balance 50 % .when we have do?
We have two mandatory qualifiers nature of accounts and balancing segment, which will balance the debit and credit and recognize the nature of accounts, my question is what other qualifiers do. Like management. Thank you.
i have one question.when using fbra for reset clearing,message exchange rate different was posted and i have do reversalon the same time using fb08 but unfortunately i' m not authorize to use this transaction.my collegue only have.so how should i do.please advise
Short Answer on ___________fluctuating capital
what is portfolio Saint?
As a fresher in oracle finance can a get a job in oracle finance n what type of questions can they ask me as a fresher...oracle finance...
Workers name-Madhu Saha.Pay structure,basic-5850,HRA-1350,CCA-900,TRAV.ALLOW.900.DEDUCTION-PF-702.ESI-150,P.TAX-90.WHAT IS THE EXTRACT IN PF,ESI,IN BALANCE SHEET & sALARY IN p/l A/C . iS IT POSSIBLE THAT PERSONS'S NAME SHOUL COME I P/L
Define Bill of Exchange
With scan-based trading, are retail companies creating inventory at the point of sale or recording income/expense?
What is Financial planning?
how to prepare mba finance for interview questions
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
what is joint venture?
Short answer on Allowances
EXPAND___________IMF