tRIAL

1. GOLDEN RULES
ACCOUNTS PRESENTATION – NOEL .G , RIYA .J , DARRY.D

2. What Are The 3 Types of Accounts in
Accounting?
• PERSONAL ACCOUNT
• REAL ACCOUNT
• NOMINAL ACCOUNT

3. GOLDEN RULE :- Debit the receiver and Credit
the giver.

4. GOLDEN RULE:-Debit what comes in
and Credit what goes out.

6. GOLDEN RULE:- Debit all expenses and losses and
Credit all income and gains.

7. Questions :-
QUESTIONS ANSWERS
MR. ROHIT CAPITAL PERSONAL A/C
LOOSE TOOLS REAL A/C
CARTAGE A/C NOMINAL A/C
ROYALTIY A/C NOMINAL A/C
RAJ A/C PERSONAL A/C
MOTOR A/C REAL A/C
RADHIKA A/C PERSONAL A/C
INCOME A/C REAL A/C
OUTSTANDING A/C PERSONAL A/C
SUNDRY INCOME A/C NOMINAL A/C
LOSS ON SALES OF FURNITURE A/C NOMINAL A/C
PATENT A/C REAL A/C
BANK OF MAHARASTRA A/C PERSONAL A/C
INCOME TAX A/C PERSONAL A/C
TRADE MARK A/C REAL A/C

8. QUESTIONS ANSWERS
PLANT AND MACHINARY REAL A/C
AUDIT FEES NONINAL A/C
OUTSTANDING WAGES PERSONAL A/C
LIVESTOCK REAL A/C
REPAIRS A/C NOMINAL A/C
LOSS BY FIRE NOMINAL A/C
COMPUTER A/C REAL A/C
LOAN A/C PERSONAL A/C
FIXED DEPOSIT A/C REAL A/C
WAGES NOMINAL A/C
INDIAN RAILWAYS PERSONAL A/C
LEGAL EXPENSES NOMINAL A/C
GST A/C NOMINAL A/C
STOCK OF STATIONARY NOMINAL A/C
PREPAID RENT PERSONAL A/C

9. QUESTIONS ANSWERS
PREPAID EXPENSES REAL A/C
FREIGHT A/C NOMINAL A/C
MACHINERY A/C REAL A/C
ADITYA CAPITAL A/C PESONAL A/C
BUILDING A/C REAL A/C
DIVIDEND INVESTMENT ADVANCE A/C NOMINAL A/C
DISCOUNT NOMINAL A/C
GOODWILL NOMINAL A/C
GIRISH CAPITAL PERSONAL A/C
GOODS DISTRIBUTED AS FREE SAMPLES NOMINAL A/C
MS HARILAL TRADERS PERSONAL A/C
POSTAGE AND TELEGRAM NOMINAL A/C
SALARY NOMINAL A/C
FURNITURE REAL A/C
DEPRECIATION NOMINAL A/C

10. QUESTIONS ANSWERS
MS SHARMA TRADERS PERSONAL A/C
MAHESH A/C PERSONAL A/C
LAPTOP A/C PERSONAL A/C
ELECTRICITY A/C NOMINAL A/C
OUTSTANDING EXPENSES REAL A/C
BANK OF INDIA PERSONAL A/C
ADVERTISMENT EXPENSES NOMINAL A/C
KIRAN STORES PERSONAL A/C
ROHINI A/C PERSONAL A/C
CASH A/C REAL A/C
INTEREST RECEIVED NOMINAL A/C
TRADEMARK REAL A/C
PUNE MUNICIPAL CORPORATION A/C PERSONAL A/C
REPAIRS A/C NOMINAL A/C
BROKERAGE A/C NOMINAL A/C

11. QUESTIONS ANSWERS
PREPAID PENT REAL A/C
CAPITAL PERSONAL A/C
RENT RECEIVED NOMINAL A/C
PRINTING AND STATIONARY NOMINAL A/C
BANK OF MAHARASHTRA PERSONAL A/C
PREMISES REAL A/C
COMMISSION NOMINAL A/C
DIVIDEND RECEVIED NOMINAL A/C
LAND BUILDING REAL A/C
AMIT CAPITAL PERSONAL A/C
INTEREST ON FIXED DEPOSIT NOMINAL A/C
SMITA CAPITAL PERSONAL A/C
REPAIR AND MAINTAINACE NOMINAL A/C
COMISSION A/C NOMINAL A/C
RADHIKA A/C PERSONAL A/C

12. QUESTIONS ANSWERS
DENA BANK PERSONAL A/C
DRAWING A/C PERSONAL A/C
PREPAID EXPENSES A/C REAL A/ C
PREPAID RENT A/C REAL A/C
SUNDRY INCOME A/C NOMINAL A/C
SIDDHIVINAYAK TRUST A/C PERSONAL A/C
STOCK OF STATIONARY REAL A/C
INCOME RECEIVED IN ADVANCE ?
OUTSTANDING PERSONAL A/C
COMISSION RECEVIED NOMINAL A/C
ROHIT A/C PERSONAL A/C
INCOME RECEIVABLE ?
OFFICE EQUIPMENT REAL A/C
INDIAN RAILWAYS PERSONAL A/C
DIVIDEND ON INVESTMENT NOMINAL A/C

13. QUESTIONS ANSWERS
RAJ AND COMPANY PERSONAL A/C
ROYALTY NOMINAL A/C
AMAN ALC PERSONAL A/C
PURCHASES A/C NOMINAL A/C
DEBTORS REAL A/C
RAM AND SHAM A/C PERSONAL A/C
SBI A/C LUNCH BREAK
HAMLEY’S STORE A/C PERSONAL A/C
CASH PAID REAL A/C
COMMISSION ACCURED PERSONAL A/C
TRVELLING EXPENSES NOMINAL A/C
INSURANCE NOMINAL A/C
CASH RECEIVED REAL A/C
RENT PAID IN ADVANCE PERSONAL A/C
DISCOUNT ALLOWED NOMINAL A/C

14. QUESTIONS ANSWERS
LEASEHOLD PROPERTY REAL A/C
ACCOUNTING CHARGED NOMINAL A/C
LIC PERSONAL A/C
BAD DEBT NOMINAL A/C
COMISSION PAID NOMINAL A/C
CHANDU A/C PERSONAL A/C
SPORTS EQUIPMENTS REAL A/C
BANK A/C PERSONAL A/C
CARRIAGE INWARDS NOMINAL A/C
STOCKS ALC REAL A/C
BANK OVERDRAFT PERSONAL A/C
SHARE IN TATA POWER REAL A/C
DIRECT EXPENSES NOMINAL A/C
JULIEN A/C PERSONAL A/C
SHARES IN ADANI ELECTRICITY REAL A/C

15. QUESTIONS ANSWERS
OPENING STK REAL A/C
IDBI BANK PERSONAL A/C
PAINTING CHARGE NOMINAL A/C
KUMAR A/C PERSONAL A/C
DISCOUNT NOMINAL A/C
IT EQUIPMENT REAL A/C
KEJRIWAL A/C PERSONAL A/C
MANAGERS COMISSION NOMINAL A/C
PLANT REAL A/C
HDFC BANK PERSONAL A/C
RAJU A/C PERSONAL A/C
PURCHASE A/C NOMINAL A/C
SHARES IN APPLE REAL A/C
FEDERAL BANK PERSONAL A/C
LIONS CLUB PERSONAL A/C

16. QUESTIONS ANSWERS
LAND IMPROVEMENT A/C REAL A/C
MURGAN LIBRARY PERSONAL A/C
BANK CHARGES NOMINAL A/C
FORESTRY EQUIPMENTS REAL A/C
HIRANANDANI A/C HOSPITAL PERSONAL A/C
RETURN INWARDS NOMINAL A/C
AGRICULTURE EQUIPMENTS REAL A/C
RENT RECEIVED PERSONAL A/C
TAXES PAYABLE NOMINAL A/C
STORES EQUIPMENTS REAL A/C
ICICI BANK A/C PERSONAL A/C
INCOME NOMINAL A/C
YAHESH A/C PERSONAL A/C
CHRISY A/C PERSONAL A/C
CHELU A/C PERSONAL A/C

17. THANK YOU