RULES OF DEBIT AND CREDIT IN URDU / HINDI LANGUAGE | ACCOUNTING CONCEPTS
Rules of Debit and credit are an important part of accounting system and use to record of our business transactions. All accountants and bookkeepers follow these accounting principles and record all daily company transactions in accounting software. We must understand these golden rules of accounting means rules of debit and credit. We also discuss main accounting head in which Assets accounts, Expense Accounts, Liability Accounts, Sales / Revenue Account, Capital / Owner`s Equity Account. An accounting standard is a common set of principles, standards and procedures that define the basis of financial accounting policies and practices. The types of accounting are Financial Accounting, Management Accounting and tax Accounting.
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