⟩ What are the golden rules of accounting?
Personal-
Debit the receiver
Credit the Giver
Real-
Debit what comes in
Credit what goes out
Nominal-
Debit all expenses and losses
Credit all income and gains
Personal-
Debit the receiver
Credit the Giver
Real-
Debit what comes in
Credit what goes out
Nominal-
Debit all expenses and losses
Credit all income and gains
Can I take service tax on freight outward?
What is service tax?
What is Contingent Liabilities?
How does accounting contribute to the community?
Accounting for VC money in financials
What is the definition of offset accounting?
What is mean by Working Capital?
What is depreciation and how many types are there. Please give details?
What is the relationship between bookkeeping and accounting?
What is cash flow and fund flow?