www.tallyclass.com Golden Rules of Accounting Happy Learny
Blog Blog Post
Post Golden Rules of Accounting Dr. Cr.
3 Golden Rules of accounting Confuse
Debit Credit Post
100% Debit Credit Post
, Post

Golden Rules of Accounting in Hindi
3 Golden Rules of Accounting
Rules
1. (Personal Account)
Dr. (Debit the Receiver)
Cr. (Credit the Giver)
2. (Real Account)
Dr. (Debit What Comes in)
Cr. (Credit What Goes out)
3. (Nominal Account)
Dr. (Debit All Expenses & Loss)
Cr. (Credit All Income & Profit)
Golden Rules of Accounting Commerce
Students Confusion
Debit Credit .
Modern Golden Rules of Accounting
Entry Debit Credit
Debit Credit ! Debit Credit
Modern Golden Rules of Accounting
www.tallyclass.com Golden Rules of Accounting Happy Learny
Modern Golden Rules of Accounting
Accounting Modern Rules
1. Liability , Credit Debit
2. Assets , Credit Debit
3. Expenses , Debit Credit
4. Income , Credit Debit
Lines Post
Lines Post
.
What Are Modern Golden Rules of Accounting
Golden Rules of Accounting Modern Rules 2

1. Accounting Group
2. Accounting Group Nature
One By One Topic
1. Accounting Group
Accounting Software Tally ERP9, Busy Marg
Software Accounting Software
Accounting Entry Ledger () Ledger ()
Group Accounting 27 Group –
1. Bank Account – Bank
2. Bank OD Account – Bank Overdraft Limit
3. Branch/Division – Company
4. Capital Account –
www.tallyclass.com Golden Rules of Accounting Happy Learny
5. Cash-in-Hand –
6. Current Assets –
7. Current Liabilities –
8. Deposit (Assets) – Security
9. Direct Expenses –
10. Direct Income –
11. Duties & Taxes – Tax
12. Fixed Assets –
13. Indirect Expenses –
14. Indirect Income –
15. Investment –
16. Loan & Advances (Assets) – Loan Advance
17. Loan (Liability) – Loan
18. Misc. Expenses Assets –
19. Provision –
20. Purchase Account –
21. Reserve & Surplus –
22. Sales Account –
23. Secured Loans – Security Loan
24. Stock in Hand –
25. Sundry Creditors –
26. Sundry Debtors –
27. Unsecured Loan – Security Loan
Group Detail Post
Group
Link Click Accounting Group Detail -
Anyway Accounting Group Topic –
www.tallyclass.com Golden Rules of Accounting Happy Learny
2. Accounting Group Nature
Accounting Group Group 4 Nature
1. Liability
2. Assets
3. Expenses
4. Income
Modern Golden Rules of Accounting
-
- Group Nature - Liability , - Group
Nature – Assets , - Group Nature – Expenses - Group
Nature – Income ,
Liability Nature Group-
Liability Liability
Convert Liability
-
1. Bank OD Account – Bank Overdraft Bank
Bank Liability
2. Capital Account – Business
Business Business Liability
3. Current Liability – Customer Advance
Advance Customer Advance
Liability
4. Duties & Taxes – Tax
Liability
5. Loan (Liability) – Loan Loan
Liability
6. Secured Loan – Security Loan
Loan Security
www.tallyclass.com Golden Rules of Accounting Happy Learny
7. Unsecured Loan – Security Loan
Loan
Assets Nature Group
Assets Assets

-
1. Bank Account – Bank

2. Branch/Division – Company Branch
Company
3. Cash-in-Hand –

4. Deposit (Assets) – Security


5. Fixed (Assets) – Computer, AC, Furniture
Fixed Assets
6. Investment – Invest Bank FD,
Bank RD Mutual Fund

7. Stock-in-Hand –

8. Sundry Debtors –

www.tallyclass.com Golden Rules of Accounting Happy Learny
Expenses Nature Group
Expenses 3 Group Nature
Expenses
1. Direct Expenses –
.

2. Indirect Expenses –
Indirect Expenses Staff Salary, Tea & Snacks

3. Purchase Account –
|
Income Nature Group
Income 3 Group Nature
Income
1. Direct Income – Direct Income
Mobile Recharge Mobile Repairing Income
2. Indirect Income – Indirect
Income Bank
3. Sales Account – Income Nature
Income
Accounting Group Accounting
Group Nature Topic –
www.tallyclass.com Golden Rules of Accounting Happy Learny
Modern Golden Rules of Accounting
Rules
1. Liability Credit Debit
2. Assets Credit Debit
3. Expenses Debit Credit
4. Income Credit Debit

1. Ravi 5000 Rs
Ravi 5000 Rs.
Liability 5000 Rs.
Liability Rules According Liability Cr.
Ravi Credit 5000 Rs.
Just Opposite 5000 Rs.
5000 Rs. Stock Rules According
Debit Rules According Entry
Cr. …… Ravi A/c……….5000 Rs.
Dr. ……. Purchase A/c …………..5000 Rs.
2. 2000 Rs. HDFC Bank
Cash HDFC Bank Account
Bank
Bank Balance
Rules Cr. Dr.
Cr. Dr. Entry

Dr. …………HDFC Bank A/c ……………..2000 Rs.
3. 8000 Rs.

Rules
www.tallyclass.com Golden Rules of Accounting Happy Learny
Dr. Cr. Entry

Dr. ………..Shop Rent……….. 8000 Rs.
Cr. ………… Cash A/c …………………….8000 Rs.
4. 5000 Rs. Commission
5000 Rs. Commission Income
Income Rules
Income Cr. Assets Dr. Entry

Cr. ………… Commission A/c ………… 5000 Rs.
Dr. ………… Cash A/c ………………………………….5000 Rs.
Debit Credit Golden
Rules of Accounting Advance Modern Golden
Rules of Accounting 4 Lines Fit
Debit Credit

Post Helpful Comment
Website www.tallyclass.com Visit Accounting