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Answer Posted / radha
goldent principles of accounting are
1. Personal account. In this a/c Debit the benifit receiver
and creit the benifit giver.
2. Real Account. In this a/c Debit what comes in and Credit
what goes out
3. Nominal Account. In this a/c all expenses and lossess
are debited and all incomes.
| Is This Answer Correct ? | 13 Yes | 4 No |
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