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Answer Posted / sourav dey
Accounting have three golden rule.
1. personal account
a)debit is always receiver
b)credit is always giver.
2. Real account
a)what comes in debit.
b)what goes out credit.
3. Nominal account
a)all expenses and loss debit.
b)all gain and income credit
| Is This Answer Correct ? | 7 Yes | 4 No |
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