What are the golder rules of Accounts ?

Answer Posted / palakkalfirst

If cash is withdrawn through issue of cheque
Cash Dr.
Bank a/c Cr.
This will result in reduction in bank balance and increase
in the cash balance with you.

Is This Answer Correct ?    21 Yes 2 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

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 ?

1649


What is the analytical way of accounting?

1749


Expand-------MTRS

1782


Hai i am mathi Preparing for bsrb clerical examinations.If anybody had that please mail me at mathiy@rediffmail.com

1583


what is transposition-cum-demat?

2058






how many schedules are there in accounting?

1749


EXPAND______________IARCS

1492


Hi friends can you send me the Accounting Interview questions with a interview experienced questions please

1750


Short Answer on __________Trade

1456


we can add the no. of increase in shares due to exercise of options,convertible debentures,warrants etc.Why diluted eps is calculated separately?

1570


What do you know about hyd? Tell something about hyd?

1845


how can i make configration relation with inflation in sap

1459


Why are there 30 blue-chip companies only considered in bombay stock exchange.And why those thirty only effect the sensex

1727


1. what is debenture? 2.Why company will issue shares? 3. What is audit? 4. What is the role of finance department? 5. What is mutual fund?

1755


what is the meaning of input vat & out put vat?

3534