UrbanPro
true

Take Class 12 Tuition from the Best Tutors

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

Rules of Journalizing

Sadiya G.
15/11/2016 0 0

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."

0 Dislike
Follow 0

Please Enter a comment

Submit

Other Lessons for You

For CBSE PUC Accountancy- How to Identify Revenue vs Capital Expenditures for a Business Organisation
Dear Students, Identification of Revenue and Capital natured expenditure is essential for us. It is the base for many of the chapters in your Accountancy Syllabus. Let us understand these terms with several...

Basic Accounting Principles
Basic Accounting Principles: Introduction: We have studied economic activities which have been converted into business activities. In business activity a lot of “give & take” exist which...

Consumer Equilibrium And Demand Test: 11th Class Economics
Questions : What is meant by utility? How is Total utility derived from marginal utilities? What is Law of Diminishing Marginal Utility? What will be the behaviour of total utility when marginal...

Guarantee Of Profits To A Partner.
Guarantee is an assurance given to the partner of the firm that at least a fixed amount shall be given to him/her irrespective of his/her actual share in profits of the firm. If actual share in profits...

What is the importance of the computer in accounting?
Using computers in the place of manual labour eliminates the need to spend a lot of time on accounting or to employ many people to handle accounting procedures. For instance, due to the development of...
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