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What are the Golden rules of accounts? with an example?
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Answer Posted / neeraj kumar soni
Real account-{Debit- what comes in}
{Credit-what goes out}
Nominal account-{Debit-all expenses and losses}
{Credit-all incomes and gains}
Personal account-{Debit-receiver}
{Credit-giver}
| Is This Answer Correct ? | 139 Yes | 4 No |
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