what is the golden rules of accounting?
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Answer Posted / manojjain1525
there are three types of accounts and these are called the
the golden rules of accounting -
personal acc - dr. the reciever and cr. the giver
nominal acc - dr. all exps/losses and cr. all incomes/gains
real acc - dr. wht comes in and cr. wht goes out
all above answers are rght but this is golden rule cum
types of accounting both.
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