UrbanPro
true

Take Class 12 Tuition from the Best Tutors

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

Rules for Journal Entries

P
Prince Bhatia
09/03/2017 0 0

Five  golden Rules for  journal Entries:

1) Increase in expenses debit decrease in expence credit,
2) Increase in income credit decrease in income debit,
3) Increase in assets debit decrease in assets credit,
4) increase in liability credit decrease in liability debit,
5) increase in capital credit decrease in capital debit.

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

Interest On Drawings
Interest on drawings in charged by the firm only when it is clearly mentioned in Partnership Deed. It is calculated with reference to the time period for which the money was withdrawn. Case 1: When...

Types of Financing
Bridge Financing: Bridge finance refers to loans taken by a company normally from commercial banks for a short period because of pending disbursement of loans sanctioned by financial institutions. The...

Uses For Computers In Business World
Almost every business uses computers to complete daily tasks. From making contact with clients to inputting data for reports, computers allow businesses a more efficient way to manage affairs when compared...
K

Easy Way to Exam preparation
List out the chapters that you are studied and easy for you. List out the chapter that covers max marks and easy. List out sub topics names in each chapter and prepare each concept by understanding...

Short Answer Questions for Chapter-1 Computer Science Class-XI-CBSE
What is Computer? Ans: Computers are human made electronic machines that perform tasks or calculations according to a set of instructions, or given programs. What is the name of the machine which...
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