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What is the three rules of Account & what is debit and
credit

Answer Posted / sridharan.v

Golden Rules of Accountancy Are:-

Accont Name Debit Credit
i. Personal A/c The Receiver The Giver

ii. Real A/c What comes in What Goes out

iii. Nominal A/c All Expenses&Losses All Incomes
&Gains

Is This Answer Correct ?    19 Yes 1 No



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