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What are the golder rules of Accounts ?
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Answer Posted / siva
The Accounting rules are 3 tipe
Rule 1(Personal a/c):- Debit the receiver,credit the giver.
Rule 2(Real a/c) :- Debit what comes in,Credit what goes
out.
Rule 3(Nominal a/c) :- Debit all expences and losses,
Credit all incomes and gains
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