Golden rules of accounting
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Answer Posted / gursewak satsangi
Basicly three golden rule of accounting
1 personal accounts : Debit the reciever and credit the
giver
2 nominal accounts : Debit all the exp and loss and
credit, all the profits and gains
3 Real accounts : Debit whats comes in and credit
whats goes out
| Is This Answer Correct ? | 11 Yes | 3 No |
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