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basic rules in accounting

Answer Posted / naresh

their are 3 types of accountants
1) personal account
2) Real account
3)nominal account

personal a/c
Dr receiver
Cr to giver

Real a/c:
Dr what comes in
Cr what goes out

nominal A/c
All Exp /Loss
Cr Income/Gain

Is This Answer Correct ?    109 Yes 2 No



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