What are the 3 Basic Rules in Accounting.
- 167 Answers
- 563217 Views
- AAA, ABC, Accenture, Amba Research, Birla Sun Life, CTS, CWDF, DELL, Franklin Templeton, iGate, IHP, JPMorgan Chase, Lexi Pens, Mastek, Trinity Technologies, VC Engineering, I also Faced
- E-Mail Answers
Answer Posted / pushpendra
for personal account
debit to receiver
credit the giver
for real account
debit what comes in
credit what goes out
for nominal account
debit all exp/losses
credit income/gain
| Is This Answer Correct ? | 743 Yes | 63 No |
Post New Answer View All Answers
How can I explain p2p process in SAP?
What problems might be encountered if there were no accounting standards?
We are running an educational institution in Karnataka,India. Is there any ceiling stating that if gross salary is upto this then only incentive or bonus can be paid?
what is internal audit
i want know how to calculate it in payroll please mail me the percentages using there ?
hai everybody... wish u all the best for those who got selected in sbi associate bank is anyone from coimbatore region attending on 27th may 2009.
what is account & what is finance
where does the closing stock appears in the trial balance?
Mostly what type of manufactures are coming under TDS and basic rate for each category
Why does one need a broker?
The Closing stock balance on the cr side of Tarding Proft and Loss A/c due to this our revenue so when we isued the material or used in production then whats happen with closing stock(I think Closing Stock will dr after Isuabce/use materil in Production)if its correct tell me
you went outside to purchase vegetagles, suddently big rain came then what you will do
what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process
Questions asked for the post of Manager (Finance) in a Public Sector company Subject of group discussions for the post of Manager (Finance) in a Public Sector company
Comments Elements in accounting
