what is the rule of debit and credit.
Plz detail answer.
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Answer Posted / chandra sekhar reddy
IN case of Personal accounts Dr is the reciever and Cr is
the giver
In case of real accounts Dr is the what comes in and Cr is
the what goes out.
In case of nominal accounts expenses are debited and incomes
are credited.
| Is This Answer Correct ? | 3 Yes | 1 No |
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