Exams

Golden rules of accounting convert complex book-keeping rules into a set of well defined principles which can be easily studied and applied.

Real accounts involve machinery, land and building etc... Similarly when you credit what goes out, you are reducing the account balance when a tangible asset goes out of the organization. Debit All Expenses And Losses, Credit All Incomes And Gains. This rule is applied when the account in question is a nominal account.

Personal-Account

---Debit the receiver

---Credit the Giver

Real-Account

---Debit what comes in

---Credit what goes out

Nominal-Account

---Debit all expenses and losses

---Credit all income and gains

(3x + 2) (2x - 5) = ax2+kx+n ...............(1)

But (3x + 2)(2x - 5) = 6x2-11x-10........(2)

so by comparing (1) & (2),

we get a= 6, k= -11 , n= -10

(a - n + k) = 6 + 10 - 11 = 5.

a/(a + b) = 15/21 → a = 15, a + b = 21

→ b = 21– 15 = 6
⇒ a – b =15 – 6 = 9
⇒ (a + b)/(a – b) = 21/9

India switched from the rupee, pie system to decimal currency on 1 April 1957. The decimalisation of currencies is the process of converting each country's currency from its previous non-decimal denominations to a decimal system, with one basic unit of currency and one or more sub-units, such that the number of sub-units in one basic unit is a power of 10, most commonly 100).

In India, Pakistan, and other places where a system of 1 rupee = 16 annas = 64 paise = 192 pies was used, the decimalisation process defines 1 naya paisa = ​1⁄100 rupee.