UrbanPro
true

Take Class 12 Tuition from the Best Tutors

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

3 GOLDEN RULES OF ACCOUNTING

Gaurav Didwaniya
22/07/2019 0 0

ACCOUNTANCY- 3 GOLDEN RULES

PERSONAL AC

DEBIT the RECEIVER

CREDIT the GIVER

REAL AC

DEBIT what COMES IN

CREDIT what GOES OUT

NOMINAL AC

DEBIT all EXPENSES AND LOSSES

CREDIT all INCOME AND GAINS

 

0 Dislike
Follow 1

Please Enter a comment

Submit

Other Lessons for You

GOLDEN RULES OF ACCOUNTING
Golden Rules of debit and credit 1. Personal accounts : Debit the receiver & Credit the giver (supplier).2. Real accounts : Debit what comes in & Credit what goes out.3. Nominal accounts : Debit...
D

Rules of Accounting
Personal Account- Debit the receiver Credit the giver. Real Account- Debit what comes in Credit what goes out Nominal Account- Debit all expenses and loss Credit all incomes and gain
S

SAHIL COMMERCE CENTRE

0 0
0

Current Ratio - Ratio Analysis, NCERT Class 12
Book-Keeping and Accountancy - Balance Sheet Ratio, Liquidity Ratios, ICSE/ISC, IGCSE/GCSE, State Board, CBSE-

Introduction To Accounting: Part 18: Revenue Recognition Concept Or Realisation Concept
According to the Revenue Recognition Concept, revenue is considered to have been realised when a transaction has been entered into and the obligation to receive the amount has been established. It...

Introduction To Accounting: Part 17: Dual Aspect Concept
There are always two aspects of a Business Transaction. Examples: Purchase of Machinery for Rs 50,000. The two aspects in this transaction are: Incoming of Machinery Outflow of...
X

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

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more