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What are the 3 Basic Rules in Accounting.
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Answer Posted / ashna
Personal Account. [1]Debit;The Receiver. [2]Credit;The Giver. Real Account. [1]Debit;What Comes In. [2]Credit;What Goes Out. Nominal Account. [1]Debit;All Expenses And Losses.
[2]Credit;ALL Incomes And Gains.
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