Golden rules of accounting
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Answer / s.saranya sriram
PERSONAL A/C: DEBIT THE RECEIVER
CREDIT THE GIVER
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 ? | 1 Yes | 1 No |
Answer / ganesh
personal a/c : Debit the receiver
credit the giver
Real a/c : Debit what comes in
Credit what goes out
Nominal a/c : Debit all expences & losses
Credit all incomes & gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / alok rai k.v.khanapara
Personal A/c:Debit the receiver
Credit the giver
Real A/c: Debit what comes in
Credit what goes out
Nominal A/c:debit all expences and losses
Credit all incomes and gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / krishnakumar
Personal A/c: Debit the receiver
Credit the Giver
Real A/C : Dr. What come in
Cr. What goes out
Nominal A/C : Dr. All expense & loss & Assets
Cr. All incomes & gains & losess
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / basil khan
Personal A/c:Debit the receiver
Credit the giver
Real A/c: Debit what comes in
Credit what goes out
Nominal A/c:debit all expences and losses
Credit all incomes and gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Personal A/c.- Dabit The Receiver
Credit The Giver
Real A/c.- Debit What Comes In
Credit What Goes Out
Nominal A/c.- Debit All Expences & Losses
Credit All Incomes & Gains
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / dsfsfsfssdsdsdfs
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| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / harshal mantri
Golden Rules of Accounting
Personal Account : Debit the Receiver.
Credit the Giver.
Real Account : Debit What Comes In.
Credit What Goes Out.
Nominal Account : Debit all Expenses/Losses.
Credit all Incomes/Gains.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / banibrata patra
REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER
| Is This Answer Correct ? | 1 Yes | 1 No |
Answer / kalla lakshmaiah
personal account;debit is the receiver
credit is the giver
real account ;debit what comes in
credit what goes out
nominal account ;debit all expences&losses
credit all income and gains
| Is This Answer Correct ? | 1 Yes | 1 No |
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