Answer / mahmmed rasheed

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

since these three rules are essential to post entries.
thats why called as golden rules of accounting.

Answer / lakshmi

3 rules

real a/c

personala/c


nominala/c

Answer / vinay kumar . pagidikondala

The accounts are divided into two groups i.e.
$ Personal accounts
Debit is the receiver
Credit is the giver
Ex: Sundry creditors & Sundry debtors, etc
$ Impersonal accounts
== Real accounts
== Nominal accounts

Real accounts :
Debit is what comes in
Credit is what goes out
Ex:- Furniture, Land, Building, cash, etc

Nominal accounts :
Debit is all expenses and losses
Credit is all incomes and gains
Ex:- Salraies, intrest, etc

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