Golden rules of accounting
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Answer / asif
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 incomes and gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / bibhas biswas
Personal Accounts- Debit-The Receiver; Credit-The Giver
Real Accounts-Deit-What Comes In; Credit-What Goes Out
Nominal Accounts-Debit-All Expenses and Losses;Credit-All
Incomes or Gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / prajwal
Personal A/c : Debit the receiver and
Credit the giver.
Real A/c : Debit what comes in and
Credit what goes out.
Nominal A/c : Debit all expenses and losses and
Credit all incomes and gains.
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / guest
personal-debit the receiver
credit the giver
real-debit wat comes in
credit wat goes out
nominal debit all incomes and gains
credit all expenses and losses
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / indu verma
real:= debit what comes in.
credit what goes out.
personal:= debit the reciver
credit the giver.
nominal:= debit all losses or expenses.
credit all income or gain.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bhavika jain
GOLDEN RULES OF ACCOUNTING
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sathish. t
Personal A/C : Debit the receiver
Credit the giver
Real A/C : Debit what comes in
Credit what goes out
Nominal A/C : Debit all expenses and losses
Credit all incomes and gains
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / priyanka
Real a/c=Debit what come in
Credit what goes out
Nominal a/c =Debit all expences & losses
credi all income & revenue
Personal a/c=Debit the giver
credit the reciver
| Is This Answer Correct ? | 0 Yes | 0 No |
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