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What is the 3 basic rules in accounting by account?
What is the 3 type in basic rules?

Answer Posted / abhishek srivastava

1.Debit what comes in
Credit what goes out.

2.Debit the reciver
Credit the giver

3.Debit all expenses and loses
credit all gains and income

Is This Answer Correct ?    9 Yes 1 No



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