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What is the golden rule of General Ledger?

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What is the golden rule of General Ledger?..

Answer / vikas parihar

Personal A/c : Debit the receiver and credit the giver.
Real A/c : Debit what comes in and credit what goes out.
Nominal A/c : All expenses and loses are debit & all the incomes and gains are credit.

Is This Answer Correct ?    30 Yes 0 No

What is the golden rule of General Ledger?..

Answer / barkhamittal01

real a/c:-what comes debit
what goes cr
personal a/c:receiver dr.
giver cr.
nominal a/c:-expensive dr.
income cr.

Is This Answer Correct ?    9 Yes 1 No

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