MBA SUBJECTS - DETAILS OF MBA

MBA SUBJECTS |   Details of MBA , Friends, we hear many times that he is doing an MBA, She is going to an MBA. And many parents also advise their children to do an MBA. But we don’t have that much information about MBA. So today I am trying to write something about MBA SUBJECTS , I hope that you will definitely get this post helpful . source-bizjournals.com MBA FULL FROM = Master of Business Administration, this is a degree you can get knowledge about  MBA  subjects details . In this degree, you will be introduced to business management, Business Skill, Marketing skill, Business Strategy etc. Friends, you are seen today that there is a time of globalization. Corporate, Industrial, The economy is growing  all over  the world. In this way, MBA is an excellent package giving option. It is not only in India but in foreign countries it is scope too wide. So come know about the MBA.  ( MBA TOPIC) Elig...

GOLDEN RULE OF ACCOUNTING-MBA TOPIC



GOLDEN RULE OF ACCOUNTING


1. Personal Account
MBA TOPIC|Personal Account is related to individuals and institutions are called personal accounts. Like Mohan's article, Shankar Vastralaya's accounting was personalized.
Rule of Personal Account
Recipient's name (Debit the Receiver)
Credit the Giver
GOLDEN RULE OF ACCOUNTING,MBAtopic in 2019,,MBA topic
Source- accountancyknoledge.com
The explanation:
The person who receives something is called a receiver and they are kept in Debit. The person who gives something, they are called Giver and they are kept in Credit.
Examples:
Mohan was given 1000 rupees, Mohan was charging 1000 rupees, he would be kept in Debit.
Sohan received 1000 rupees. Sohan 1000 is paying due to Giver. So they will be credited.
2. Real Account
Real account is related to property, like the account of cash, the accounting of the cycle is real accounting.
Rule of Real Account
What comes in the name of Debit what comes in
Who should go to credit
The explanation:
The things that come in the business are kept in the Debit and the things which are taken from the business are kept in Credit.
Examples:
1000 rupees received from Mohan One thousand rupees is coming, so he is kept in Debit.
Sohan's hand sold the clock The clock is going to be kept in Credit.(MBA TOPIC)
3. Nominal Account
The account related to expenditure and income is called Nominal Accounting. Like- rent accounting, account of interest is nominal accounting.
Rule of Nominal Account
Debit all expenses and losses
Credit all incomes and gains
The name of the expenditure in business is debited. Similarly, the name of the income is credited to its name.






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