Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

What are the 3 Basic Rules in Accounting.

Answer Posted / neeraj garg

1. Debit to receiver
Credit to giver

2. Debit what comes in
Credit what goes out

3. Debit All Exp /Loss
Credit Income/Gain

Is This Answer Correct ?    5144 Yes 255 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What is the quality of the accountant & rights ? hansika.kk@gmail.com

2975


hi gurus , plz can anybody forward ur cv of accounts/finance related , exp of 4+ years to afreenjuveriya@yahoo.com

2301


Short Answer on -----Trade mark

1857


Expand SOIT

1857


Received cheque Rs 250000 which is exclusive of 5% Security deposit 2.24% income tax and i% miscellaneous recovery. Pass necessary entry

2132


Please explain a Representative Personal Account.

2041


Do v call director in the partnership firm?

2095


Why it is necessary to use SAP in an industry? & What is the difference from other advance accounts software like Tally ERP 9? What is the importance of using GAAP for best management decission or why GAAP using by Top Management?

2017


Cost center 60500 in controlling area 1000 is locked for revenue postings on 31.03.2008.Now How can I Assign the account to another cost center or allow cost center 60500 to again accept revenue postings.

3029


what is joint venture?

2060


Give me total Details of payroll calculation, payslip with examples.

2631


A Customer has a MNC which has a Unit in USA , All use Same Operation Chart of A/c but they also want local reporting for USA unit .What should they do ? Optons : Use Group chart of account & Group a/c no * Use Group a/c no & Alternative a/c no.2 Use Country Specific Chart of A/c

2017


does MIS reports are used in Tally n Focus software? if yes how it is used in focus software? for AR n AP

2152


Please tell me about service tax, tds, vat & ITR return with A to Z completely detail.

2012


What type of question generally asked in Brokerage Firm ?

2747