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Golden rules of accounting
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Answer Posted / sushan t d
PERSONALA/C:DEBIT THE RECEIVER
CREDIT THE GIVER
REAL A/C :DEBIT WHAT COMES IN
:CREDIT WHAT GOES OUT
NOMINAL A/C :DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS
| Is This Answer Correct ? | 2 Yes | 0 No |
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