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What are the golder rules of Accounts ?
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Answer Posted / ashish
Rule 1 : Debit what Comes in Credit Wat Goes out
Rule 2 : Debit the reciever, Credit the giver
Rule 3 : Debit all expenses, losses and assets credit all
incomes, gains and liabilities
| Is This Answer Correct ? | 150 Yes | 43 No |
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