just simple question .wat are the three golden rules of accounts?

Answer

  • Lata
  • 01 Dec
  • 530825 Views
  • 235 Answers
Your Answer

1.PERSONAL A/C:   DEBIT THE RECEIVER
                               CREDIT THE GIVER
2.REAL                :   DEBIT ALL WHAT COMES IN
                               CREDIT WHAT GOES OUT
3.NOMINAL           :  DEBIT ALL EXPENSES AND LOSSES
                               CREDIT ALL INCOMES AND GAINS

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