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wat is the golden rule of accounting
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Answer Posted / sreeram
HI this is Sreeram,
the golden rules for Accounting would be:
Personal,
Real,
Nominal.
Personal Account : Debit the receiver and credit the giver
Real Account : What comes in Debit and What goes out Credit.
Nominal Account : All expenses and losses debiy and all
incomes and gains credit.
| Is This Answer Correct ? | 72 Yes | 3 No |
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