UrbanPro
true

Take Class 12 Tuition from the Best Tutors

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

Golden Rules of Accounting

Munaf S.
06/03/2018 0 0

Golden Rules of Accounting:

i. Personal Account:

  1.  Dr. The Receiver
  2. Cr. The Giver    

ii. Real Account:

  1. Dr. What Comes in
  2. Cr.What Goes out

iii. Nominal Account:

  1. Dr.Expenses and Losses
  2. Dr.Incomes And Gains.
0 Dislike
Follow 3

Please Enter a comment

Submit

Other Lessons for You

Rules of Journalizing
Personal a/c : " Debit the receiver, Credit the giver." Real a/c : " Debit what comes in, Credit what goes out." Nominal a/c : " Debit all expenses & losses, Credit all incomes & gains."

Sadiya G.

0 0
0

Difference between Book-Keeping and Accounting/Accountancy, Class 11
Helpful for NCERT/CBSE, State Board, ICSE Class 9, ISC, IGCSE/GCSE


Introduction To Accounting: Part 14: Accounting Period Concept
A while ago, we studied Financial Statements. The definition of Financial Statements is reproduced here: “Financial Statements” is a summary report that shows how a Business has used the...

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