Accounting Golden rule. Know about Tds. And some tricky question. Journal entries

Sukesh Kumar
1y

Theree Golden rules of accounting

Personal account

Debit the receiver

Credit the giver

Real Account

Debit what comes in

Credit what goes out

Nominal Account

Debit all expenses and losses

Credit all incom...read more

Kumar Birvadra
2y

Personal account- Dr. The receiver

Cr. The giver

Real account- Dr. Assets comes in. Cr. Assets goes out.

Nominal account- Dr. All expenditures & losses Cr. All expenses and gains

Tds- Tax deducte...read more

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