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

strongThree types of accounts are:/strongbr /br /strong- Real account: /strongAll assets of a firm, which are tangible or intangible, fall under the category “Real Accounts“.br /strong- Personal account:/strong These accounts are related to individuals, firms, companies, etc.br /strong- Nominal accounts:/strong Accounts that are related to expenses, losses, incomes, or gains are called Nominal accounts.br /br /strongThe tree golden accounting principles are:/strongbr /br /strongReal Account:/strongbr /Debit what comes inbr /Credit what goes outbr /br /strongPersonal Account:/strongbr /Debit the receiverbr /Credit the giverbr /br /strongNominal Account:/strongbr /Debit all expenses & lossesbr /Credit all incomes & gains