What is accountant and how many basic rules are there

AnswerBot
1y

An accountant is a professional who manages financial records and prepares financial reports. There are basic rules of accounting.

  • Accountants manage financial records and prepare financial reports

  • Basi...read more

SHIVANI RAVINDRA GADE
1y

3 golden rules-

1.Real account - debit what comes in

Credit what goes out

2.Personal account - debit the receiver

Credit the giver

3.Nominal account - debit the expenses or loss

Credit the income or gain

RAMESH RAMESH
1y

There are two types of accounting one is revenue accounting and capital accounting

And 3 type of basic rules are they are

Personal ac

Real ac

Nominal ac

Y SUNITHA
1y

Account is a daily transaction in buying and selling goods of product's transaction. Accounts rules was divided into 3types Personal:•debit the receiver •credit the giver Real :•what comes in •what go...read more

Anonymous
1y

Personalso accounts Real Accounts and Real Accounts

Anonymous
1y

3 golden rules:

Real account - debit what comes in

Credit what goes out

Personal account - debit the receiver

Credit the giver

Nominal account - debit the expenses or loss

Credit the income or gain

Suraj Shivaji Kamble
1y

Accountant Is Person Who Maintain Books Of Account With Proper Accounting Rules And Principal.

There Is 3 Basic Rules Of Accounting

1) For Personal Account

Debit The Receiver

Credit The Giver

2) For Rea...read more

Anonymous
1y

Basic rules only three 1 personal - debit the receiver and credit the giver

2 real a/c - debit what comes in and credit what comes out

3 nominal a/c - debit all expenses or loss and credit all income or...read more

Anas Siddiqui
1y

Accountant is the person who work in the

Business data in monetery term and record in the book of journel and prepare

Trail balance and making profit and loss account and prepare a statement which is k...read more

Anonymous
1y

Account is a process of recording and summarising the financial transactions. Three types of account. Personal account.real account.nominal account

Dharmendra singh
2y

An accountant is a person who works in the accounting field and conducts tasks including account analysis, audits, and financial statement analysis.

Basic rules only three-

1 personal - debit the receiv...read more

sanjay krishna
2y

An accountant is a person who works in the accounting field and conducts tasks including account analysis, audits, and financial statement analysis

Basic rules only three 1 personal - debit the receive...read more

Divya Dhananjay Koundinye
2y

Accountant is the person who recovered all transactions in systematic manner

3 rules of accounting

Personal a/c - debit the receiver

Credit the giver

Real a/c - debit what comes in

Credit what goe...read more

shakam siva
2y

3 rules

1) personal account

Debit the receiver and credit the giver

2)Real Account

Debit what comes in and credit what goes out

3)Nominal Account

Debit all expenses or loss and credit all income or gai...read more

JAGA KUTTY
2y

3 rules

1. Debit what comes in and credit what goes out

2. Debit the receiver and credit to giver

3. Debit the expenses or loss and credit the income or gain.

Sanjeev kumar Maurya
2y

a person whose job is to keep or examine the financial accounts of a business, etc. Three basic rules of account.

1. Debit what comes in and credit what goes out

2. Debit the receiver and credit to gi...read more

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