Golden rules of accounts
What are the three best golden rules of accounts?
Expert
The three best golden rules of accounts are:-
a) Personal accounts-Debit the benefit receiver and credit the benefit giver.b) Real accounts-Debit what comes in and credit what goes out.c) Nominal Accounts-Debit all expenditures and losses and credit all the incomes and profits.
Briefly describe Written down Value (or Reducing Balance) method to compute depreciation?
Give a brief introduction of the term Capital Expenditure?
Write down the procedure of capital budgeting?
Explain briefly the Symbolic URL in the Siebel?
Give brief information about the term ‘Margin of Safety’?
The concept of marginal costing practically applied?
Give a brief introduction of the term ‘Convention of Consistency’?
Write down the advantages of IFRS.
Give a brief introduction of the term capital market?
Write down the process for charging overheads?
18,76,764
1937148 Asked
3,689
Active Tutors
1455295
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!