Golden rules of accounting
Answers were Sorted based on User's Feedback
Answer / abhilash
Personal :Debit the Receiver
Credit the Giver
Real :Debit What comes in
Credit What Goes Out
Nominal :Debit All Expenses & Losses
Credit All Incomes & Gains
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Answer / geetanjali
REAL A/C WHAT COMES IN DEBIT
WHAT GOES IN CREDIT
NOMINAL A/C ALL EXPENDITURE AND LOSS IN DEBIT
ALL INCOMES AND GAINS IN CREDIT
PERSONAL A/C DEBIT THE RECEIVER
CREDIT THE GIVER
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ritesh roy
PERSONAL A/C - Debit the receiver & credit the giver.
REAL A/C - Debit what comes & credit what goes out.
NOMINAL A/C - Debit all expenses & credit All Income And Gains
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sabiulah
personal A/c :debit the receiver
credit the giver
real A/c :debit what comes in
credit what goes out
nominal A/ : debit all expenditure and losses
credit all income and revenue
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bismaya dhal
Real A/c : Debit what comes in.
Credit what goes out.
Personal A/c : Debit the receiver.
Credit the giver.
Nominal A/c : Debit Expenses & Losses.
Credit Income & Gains/Revenues.
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / nikita shah
REAL A/C : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL A/C :DEBIT ALL EXPENSES & LOSES
CREDIT ALL PROFITS & GAIN
PERSONAL A/C :DEBIT THE RECEIVER
CREDIT THE GIVER
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / chinni
PERSONAL a/C: DEBIT THE RECEIVER
CREDIT THE GIVER
REAL a/C: WHAT COMES IN DEBIT
WHAT GOES OUT CREDIT
NOMINAL a/C: ALL EXPENSES AND LOSSES ARE DEBIT
ALL INCOMES AND GAINS ARE CREDIT
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / md nadim khan
GOLDEN RULES OF AUUOUNTING
REAL A/C:-DEBIT WHAT COME IN
CREDIT WHAT GOES OUT
PERSONAL A/C:-DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL A/C:-DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ravindra
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 |
Answer / pradip s
PERSONAL A/C DEBIT THE RECEIVER,CREDIT THE GIVER.
REAL A/C DEBIT WHAT COMES IN,CREDIT WHATS GOES OUT.
NOMINAL A/C DEBIT ALL EXPENSES AND LOSSES,CREDIT ALL INCOMES
AND GAINS.
Is This Answer Correct ? | 0 Yes | 0 No |
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