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What are the 3 Basic Rules in Accounting.

Answer Posted / javed

small diagram u can draw on ur page

A L P R E
dr + - - - +

cr - + + + -

A(asset)
l(liability)
p(propritership)
r(revenue,icome)
e(expense)

so increase in asset become debit
decrease in assent become crerdt...and so on

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