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What are the 3 Basic Rules in Accounting.
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Answer Posted / sunita
There are three basic rules in accounting
Real Account: what comes in--Dr
what goes out-----Cr
Personal Account:the receiver--Dr
the giver--------Cr
Nominal Account: All expenses and losses--Dr
All income and gains-------Cr
| Is This Answer Correct ? | 854 Yes | 83 No |
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