UrbanPro
true

Take Class 11 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

Differences Between book Keeping and Accountancy
Bookkeeping involves the systematic recording, storing, and retrieving of financial transactions. It's more about data entry and maintaining accurate financial records. Accountancy encompasses a broader...

Chapter 1 - Introduction to Accounting
History of Accounting : Before knowing the history of accounting, let us know about the history of money which is the basis of the accounting process. Money : Item or verifiable record accepted for...
D

Basic accounts principles
Debit the receiver Credit the giver Debit what comes in Credit what goes out Debit all expenses and losses Credit all income and gains

Hema B.

1 0
0

DEPENDENT BRANCH
Dependent Branch: A branch which is dependent upon Head Office mainly for “Goods and Cash”. Books of accounts relating to such branch also will be maintained by Head Office. Features of Dependent...

Introduction To Accounting: Part 6: Users Of Financial Statements
As is evident from above, the first and foremost user of the Financial Statements would be the owner of the Business. Apart from owner, there are certain other parties who could be the users of the...
X

Looking for Class 11 Tuition Classes?

The best tutors for Class 11 Tuition Classes are on UrbanPro

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

Take Class 11 Tuition with the Best Tutors

The best Tutors for Class 11 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