what is the golden principles of accountin
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Answer / radha
goldent principles of accounting are
1. Personal account. In this a/c Debit the benifit receiver
and creit the benifit giver.
2. Real Account. In this a/c Debit what comes in and Credit
what goes out
3. Nominal Account. In this a/c all expenses and lossess
are debited and all incomes.
| Is This Answer Correct ? | 13 Yes | 4 No |
Answer / praveen chowdary
personal account;
debit the receiver and credit the giver.
real account;
debit what comes in and credit what goes out.
nominal account;
debit all expences and losses, credit all incomes and gains
| Is This Answer Correct ? | 8 Yes | 1 No |
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