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Golden rules of accounting..

Answer / rajesh.piriya

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

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Golden rules of accounting..

Answer / shruthi h

personal account- Debit the receiver
Credit the giver


real account - Debit What comes in
Credit what goes out

naminal Account - Debit All expences and losses
Credit All Income and gains

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Golden rules of accounting..

Answer / munna

personal account : receiver should be debited
giver should be credited
real account : what comes in credit
what goes out is credit
nominal account : expenses and losses is debited
profits and gains is credited.

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Golden rules of accounting..

Answer / pvn pavankumap

they are 3 types of accounting principles

pesronal account : debit the reciver
credit the giver

real account : debit what comes in
credit what goes out

nominal account : debit all expenses & loses
credit all profit & gain

Is This Answer Correct ?    1 Yes 1 No

Golden rules of accounting..

Answer / manish kumar shaw

Personal Account :-
Debit the receiver
Credit the giver.
Real account :-
Debit what comes in
Credit what goes out.
Nominal Account :-
All expenses and losses are Debit
All incomes, profits and gains are Credit.

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Golden rules of accounting..

Answer / mahesh

1) Personal Account Debit the receiver
Credit the giver
2) Real Account Debit what comes in
Credit what goes out
3) Nominal Account Debit all expenses & losses
Credit all income & gains

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Golden rules of accounting..

Answer / jayashree satish poojary

GOLDN RULES OF ACCOUNTING:

1. REAL A/C-DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

2. NOMINAL A/C-DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

3. PERSONAL A/C-DEDIT THE RECEIVER
CREDIT THE GIVER

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Golden rules of accounting..

Answer / sk sahine aktar

Personal Account:Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

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

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / deepshikha

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 INCOMES & GAINS

Is This Answer Correct ?    0 Yes 0 No

Golden rules of accounting..

Answer / rabi

Personal A/c : Debit the receiver
Credit the giver

Real A/c : Debit what comes in
Credit what goes out

Nominal A/c : Debit Loss and Expense
Credit Profit and Gains

Is This Answer Correct ?    0 Yes 0 No

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