Answer / ammu

Real Acoount:
Debit :What comes in
Credit:What goes out

Nominal Account:
Debit:All expenses and losses
Credit:All incomes and gains

Personal Account:
Debit: The receiver
Credit:The giver

These are the rules of real,nominal and the personal
accounts these accounts are used according to the situation
occured in the particular organisation,company or a firm.

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