true

Take Class 12 Tuition from the Best Tutors

Affordable fees
1-1 or Group class
Flexible Timings
Verified Tutors

Search in

Basic accounts principles

Hema B.

27/11/2019 0 0

Debit the receiver

Credit the giver

Debit what comes in

Credit what goes out

Debit all expenses and losses

Credit all income and gains

0 Like 0 Dislike

Follow 1

Other Lessons for You

Golden Rules of Accounting

Golden Rules of Accounting: i. Personal Account: Dr. The Receiver Cr. The Giver ii. Real Account: Dr. What Comes in Cr.What Goes out iii. Nominal Account: Dr.Expenses and Losses Dr.Incomes And Gains.

Munaf S.

1 0

Provisions of Indian Partnership Act 1932- In Absence of Partnership deed

1. Interest on Loan taken by Firm should be 6 percent per annum. 2. Interest on Loan given by the Firm should be nil 3. No partner could be admitted in the firm without the consent of the exisiting partners. 4....

Madhura Sagar G.

1 0

Valuation of Goodwill

This is one of the introductory chapters at the graduation level as well as in professional exams. The brief notes on methods and calculation of goodwill in easy steps are presented below: Methods of...

Gayatri D.

1 0

Difference between Book-Keeping and Accounting/Accountancy, Class 11

Helpful for NCERT/CBSE, State Board, ICSE Class 9, ISC, IGCSE/GCSE

Rajiv Vadera

0 0

Introduction To Accounting: Part 12: Business Entity Concept Or Separate Entity Concept

Suppose you open a book store, so, in common parlance, it would be said that the business is being carried on by you, and you are earning profit or incurring loss. However, Accounting sees it...

Nishant Kumar

0 0

Find Class 12 Tuition near you

Looking for Class 12 Tuition ?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you

Class 12 Tuition Questions

Which statement is prepared to know the profitability of the business?

8 Answers

X has made the following drawings during 2014-15. Calculate interest on drawings @90% . 1.Rs. 4000 withdrawn...

20 Answers

What are the fixed assets? Give example.

5 Answers

How to become a tutor in urbanpro?

36 Answers

Why are rules of debit and credit same for liability and capital?

5 Answers

Looking for Class 12 Tuition Classes?

The best tutors for Class 12 Tuition Classes are on UrbanPro

Select the best Tutor
Book & Attend a Free Demo
Pay and start Learning

Take Class 12 Tuition with the Best Tutors

The best Tutors for Class 12 Tuition Classes are on UrbanPro

I am a Student I am a Tutor
Name*	Please enter your full name. Please enter institute name.
Email*	Please enter your email address.
Phone*	Please enter a valid phone number.
Location*	Please enter a pincode or area name.
City*	Please enter city name.
Category*	Please enter category.
Gender*	Male Female Please select your gender.
Email ID/ Mobile No.*	Please enter either mobile no. or email.
Enter Password*	Please enter OTP Please enter Password Sorry, this phone number is not verified, Please login with your email Id.