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basic rules in accounting
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Answer Posted / anil bhujel
Generally there are three sorts of accounts,i.e. Personal
accout, real account and nominal account.
1)Personal Account:
Dr.Receiver
CR. Giver
2)Real Account:
Dr. What comes in
Cr. What goes out
3)Nominal Account:
Dr.All expenses/loss
Cr. al profits/gains
| Is This Answer Correct ? | 12 Yes | 1 No |
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