Ask questions which are clear, concise and easy to understand.
Ask QuestionPosted by Riya Jain 7 years, 4 months ago
- 4 answers
Posted by Satyam Yadav 7 years, 4 months ago
- 1 answers
Posted by Charis Thomas 7 years, 4 months ago
- 1 answers
Posted by Afroz Ansari 7 years, 4 months ago
- 2 answers
Pawan Kumar 7 years, 4 months ago
Posted by Ayush Pal 7 years, 4 months ago
- 1 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Debosmita Ghosh 7 years, 4 months ago
- 3 answers
Shashi Pathak 7 years, 4 months ago
Posted by Nishu Nishu 7 years, 4 months ago
- 2 answers
Posted by Nishu Nishu 7 years, 4 months ago
- 5 answers
Vandana Aggarwal 7 years, 4 months ago
Here you are receiving the shares as investment which is your Real Account so Rule for Real Acc is Dr what comes in and Cr what goes out.
Secondly regarding purchases and sales of goods. You must be well aware that in purchase and sale accounts we show only those items in which the business deals e.g. Computer is a good for a computer dealer but a fixed asset for a grocery store.
So purchase and sale of goods are shown in purchases and sales ac while purchase and sale of fixed assets are shown in their respective account.
Fixed assets are real accounts so we apply the rule I've mentioned earlier.
In case of purchase and sale of goods...purchases and sales ac are nominal ac...and we aplly the rule dr all expenses and losses while cr all incomes and gains.
Purchases is an expense so it is dr
Sales being income is credited
Nikhil Dwivedi 7 years, 4 months ago
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Pankaj Das 7 years, 4 months ago
- 2 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Nishu Nishu 7 years, 4 months ago
Posted by Anjali Mehra 7 years, 4 months ago
- 1 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Pintoo Talan 7 years, 4 months ago
- 3 answers
Sonu Chouhan 7 years, 4 months ago
Nishu Nishu 7 years, 4 months ago
Suman Sharma 7 years, 4 months ago
Posted by Subham Roy 7 years, 4 months ago
- 3 answers
Posted by Rahul Kungar 7 years, 4 months ago
- 3 answers
Posted by Ashish Agrawal 7 years, 4 months ago
- 0 answers
Posted by Sakshi Sharma ??️??️??️ 7 years, 4 months ago
- 0 answers
Posted by Amrit Raj 7 years, 4 months ago
- 6 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Sudhanshu Parida 7 years, 4 months ago
- 1 answers
Pawan Joshi 7 years, 4 months ago
Posted by Sumit Kanwal 7 years, 4 months ago
- 1 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Tanay Tulsyan 7 years, 4 months ago
- 0 answers
Posted by Shruti Jhunjhunuwala 7 years, 4 months ago
- 2 answers
Nikhil Dwivedi 7 years, 4 months ago
Arpit Mishra 7 years, 4 months ago
Posted by Umesh Gujjar 7 years, 4 months ago
- 2 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Krish Satija 7 years, 4 months ago
- 3 answers
Sakshi Sharma ??️??️??️ 7 years, 4 months ago
Posted by Taher Mhowwala 7 years, 4 months ago
- 0 answers
Posted by Gursimran Simran 7 years, 4 months ago
- 1 answers
Mini Sharma 7 years, 4 months ago
Posted by Sakshi Sharma ??️??️??️ 7 years, 4 months ago
- 1 answers
Prince Kumar 7 years, 4 months ago
Posted by Ayush Garg 7 years, 4 months ago
- 1 answers
Vedangi Bartaria 7 years, 4 months ago

myCBSEguide
Trusted by 1 Crore+ Students

Test Generator
Create papers online. It's FREE.

CUET Mock Tests
75,000+ questions to practice only on myCBSEguide app
myCBSEguide
Suhani Sharma 7 years, 4 months ago
0Thank You