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Golden rules of accounting
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Answer Posted / ahasan khan(mr.pardeep)
Personal A/C- Debit the receiver
Credit the giver.
Real A/c Debit what comes in
Credit what goes out.
Nominal A/c Debit All the Expense & Loss
Credit all the Gains & Income & profit
if are the two condition choose Nominal A/c or Personal A/c
You choose Nominal A/C
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