Answer Posted / kailash kamble
1. Real Accounts : Debit what comes in
Credit what goes out
2. Nominal Accounts : Debit All Expenses And Losses
Credit All Income And Revenue
3. Personal Accounts : Debit the Reciver
Credit the Giver
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journal entry for prepaid insurance and salary outstanding
Hello Sir, My Name is Shoaib, I am Novice in Accounting Field. I want to learn the simple & step by step, procedure to final my company account. Please Help
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