Three major accounts and their rules, accounting, Basic Statistics

Three major Accounts and their Rules

There are three major Records which are

a) Personal Accounts

b) Real Accounts

c) Moderate Accounts

Rule for Personal Account: Charge the Receiver and Credit score the Giver

Rule for Real Records: Charge what comes in and Credit score what goes out

Rule for Moderate Records: Charge All expenses and Losses and Credit score all incomes and gains.

Unique solution in accounting

 

 

 

Posted Date: 3/27/2012 4:34:00 AM | Location : United States







Related Discussions:- Three major accounts and their rules, accounting, Assignment Help, Ask Question on Three major accounts and their rules, accounting, Get Answer, Expert's Help, Three major accounts and their rules, accounting Discussions

Write discussion on Three major accounts and their rules, accounting
Your posts are moderated
Related Questions
A basis used in processing the quantity of advantages to be created regularly to a finance or consideration so that the complete advantages plus the complicated income thereon will

...if a transit employee provides a strand of hair for drug testing, state the null and alternative hypothesis in verbal terms, then identify what would constitute a type 1 and typ

1. What type of correlation coefficient would you use to examine the relationship between the following variables? Explain why you have selected the correlation coefficients. A.

How to calculate manually Cronbach alpha

How many different starting lineups of 5 basketball players can be chosen from a squad of 13 players?

importance of dispersion in statistics

the correlation between olympic gold medal times for the 1500 m run and year is -0.941 seconds per year

What is meant by interpolation and extrapolation. State the assumptions used for interpolation and extrapolation

Differentiate between Historigrams and Histogram

Post-retirement health insurance Some companies continue to provide insurance policy to workers after they have on. This one person benefit is considered to be part of the sett