UrbanPro
true

Take Class 11 Tuition from the Best Tutors

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

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 Dislike
Follow 1

Please Enter a comment

Submit

Other Lessons for You

Accruals Accounting
Accruals in Accounting are the expenses or revenues that have been recorded by the firm but not yet realised. In simple terms, they are the financial transactions already estimated in the current accounting...

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

Introduction of Accounting
Questions: Define Accounting. Ans: Accounting is defined as the systematic process of identifying, recording, classifying, summarising, interpreting and communicating information about financial...

What is Co- Branding?
Co branding is the utilization of two or more brands to name a new product. The ingredient brands help each other to achieve their aims. The overall synchronization between the brand pair and the new product...
K

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...
T
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