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Golden rules of accounting
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Answer Posted / mahendra rajput
PERSONAL A/C - DEBIT TO RECEIVER
CREDIT TO GIVER
REAL A/C - DEBIT TO COMES IN
CREDIT TO GOES OUT
NOMINAL A/C - DEBIT TO ALL EXPENSES/LOSSES
CREDIT TO ALL INCOMES/REVENUES
| Is This Answer Correct ? | 21 Yes | 1 No |
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