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fundamental rules of accounting ?



fundamental rules of accounting ?..

Answer / praveen shettigar

personal a\c: debit the receiver of the benefit,credit the
giver of the benefit.
real a\c: debit what comes in ,credit what goes out.
nominal a\c: debit all expenses &losses,credit all income
&gains.

Is This Answer Correct ?    18 Yes 1 No

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