Answer Posted / yoegsh
PERSONAL A/C: 1.DEBIT THE RECEIVER OF BENIFITS
2.CREDIT THE GIVER OF BENIFITS
REAL A/C : 1.DEBIT WHAT COMES IN(LIKE ASSETS OR MONEY)
: 2.CREDIT WHAT GOES OUT( --DO-- )
NOMINAL A/C : 1.DEBIT ALL EXPENSES &LOSSES(BAD DEBTS)
: 2.CREDIT ALL INCOMES & GAINS (PREPAID INCOME)
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