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what is the golden rules of accountancy ?withdrwal frm atm
what will be the transaction ?
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Answer Posted / raman mishra
golen rules are- 1.PERSONAL A/C- DR.IS RECEIVER & CR.IS
GIVER.
2.REAL A/C- DR. WHAT COMES IN.
CR. -WHAT GOES OUT
3.NOMINAL A/C-DR.ALL EXP.& GAINS
CR-ALL INCOMES & LOSSES.
BANK A/C-DR.
CASH A/C-CR.
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