Answer Posted / parveen kumar

there r two types of accounts
personal account
impersonal accounts (real & nominal account)
personal account

debit the receiver
credit the giver

real account

what comes in debit
what goes out credit

nominal account

all exp. & losses are debit
all incone & gains are credit

Deposited Rs 25000 in Canara Bank of ABC co towards dealership deposit thru our SBH Bank Pass necessary entry

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