true

Take Class 12 Tuition from the Best Tutors

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

Search in

Rules of Accounting

SAHIL COMMERCE CENTRE

08/04/2018 0 0

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

0 Like 0 Dislike

Follow 1

Other Lessons for You

Introduction To Accounting: Part 15: Cost Concept Or Historical Cost Concept

According to the Cost Concept, an asset is recorded in the books of account at the price paid to acquire it and the cost is the basis for all subsequent accounting of the asset. Since the acquisition...

Nishant Kumar

0 0

Introduction To Accounting: Part 20: Summary Of Accounting Concepts

Nishant Kumar

0 0

Bank Reconciliation Statement

In the given chapter to solve a sum we are given a cash book and another thing is bank pass book. and there is some miss match so we need to come to a conclusion that the same miss match is. We can...

Taher Sadikot

0 0

Introduction To Accounting: Part 5: Financial Statements

Throughout the year, a number of Business Transactions take place. At the end of the year, any businessman would want to know whether he has made any profit during the year, and if so, what is the amount...

Nishant Kumar

0 0

Accounting Under Single Entry System-Introduction

Many small, simple business maintain the books of accounts under Single entry system that records bare essentials. In some cases only records of cash, accounts receivable, accounts payable and taxes paid...

Vishwanatha R

0 0

Find Class 12 Tuition near you

Online Tuition Class 12

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

Define Matrix.

102 Answers

I have registered as a home tutor but i am not getting any messages.

6 Answers

What is meant by Capital?

8 Answers

How many types of GST in India

67 Answers

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 Calculate interest on drawings @90% . 1.Rs. 4000 withdrawn...

20 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.