Golden rules of accounting
Answer Posted / raju malode
PERSONAL ACCOUNT : Debit the receiver
Credit the giver
(Its is related to peson, firm etc....................)
REAL ACCOUNT : Debit what comes in
Credit what goes out
(Its related to goods, cash etc.......................)
NOMINAL ACCOUNT : Debit all expenses and losses
Credit all incomes and gains
(Its related to incomes and expenditure (both Direct &
Indirect))
Is This Answer Correct ? | 394 Yes | 53 No |
Post New Answer View All Answers
WHAT IS LIMITED REVIEW? WHY IT IS REQUIRE?
i want know how to calculate it in payroll please mail me the percentages using there ?
who is the pramotar?
Dear All, Could any body send me the format of Delivery Challan? What is Even Transfer and Branch Transfer?Please let me know if any body knows? ekathirvel@gmail.com
What is 100% EOu? what is the benifit and what is difficulty of it?
I want to know that if i get call from Mumbai Circle in SBI. what does it mean where will be my posting and my job profile, will i get accomodation from bank or not.
Calculate the total Depreciation for four or five Years so practice some problems on depreciation?
who introduces the single entry format?
payroll calculation procedure explain completely?
What are Corporate Action?
EXPAND______________ICC
If DEBT/EQUITY ratio 2:1, is to good or bad for a company? how...??? can u explain it...???
outstanding expenses, prepaid or unexpired expenses
Short Answer on _________Accounts Receivable
example of aptitude ns