What are accounting Principles?
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Answer Posted / santosh
Accounting Principles are:
Nominal Accounting: Debit all Expenses and Losses and
Credit all Gains and Incomes
Personal Accounting:Debit the Receiver and Credit the
Giver,
Real Accounting:Debit what Comes In and Credit what Goes
Out.
| Is This Answer Correct ? | 745 Yes | 234 No |
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