Answer Posted / ashish shrivastava

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER

how MIS statements used in accounts receivables n payables? n what is the advantage of this reports?

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Short Answer on __________Event

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