Answer
strongPersonal Accounts/strong -Dr. the receiver & Cr. the giver.br /strongReal Accounts/strong -Dr. what comes in Cr. what goes out.br /strongNominal Accounts/strong -Dr. all expense & Losses Cr. all Incomes & gains.
Rules of Account: 1) Debit what comes in & Credit what goes out 2) Debit the Receiver & Credit the Giver 3) All expenses & losses Debited, All Income & gain Credited.
Debit The Receiver, Credit The Giver, Debit What Comes In, Credit What Goes Out, Debit All Expenses And Losses, Credit All Incomes And Gains
Real accounting :- debit come in Credit goes out Personal accounting:- debit received Credit giver Nominal accounting:- all profit credit All less bedit
1) Personal A/c -Debit the receiver, Credit the giver, 2) Real A/c - Debit what comes in & Credit - what goes out. 3) Nominal A/c ;- Debit all expenses and losses , & Credit all income & gain.
Debit what comes in credit what goes out Debit the reciver credit the giver Debit all expenses and losses credit all incomes and gains
1 . Personal account ( debit the receiver , credit the giver ) 2. Real account (what comes in debit , what goes out credit ) 3. Nominal account (debit all the expenses , credit all the incomes )
According to Golden rules of accounting every transaction has a Debit and Credit aspect. 1. In Personal a/c : receiver is Debit and giver is Credit 2. In Real a/c : Debit is what comes in and Credit is what goes out 3. In Nominal a/c : Debit all expenses and losses And Credit all incomes and gains
Debit what comes in credit what goes out Debit all expenses and credit all incomes and gains Debit the receiver and credit the giver
Debit the Receiver and Credit the Giver Debit What Comes In, Credit What Goes Out Debit All Expenses And Losses, Credit All Incomes And Gains
personal a/c:dr. the receiver cr. the giver real a/c:dr. what comes in cr. what goes out nominal a/c:dr. all expenses and losse cr. all incomes and gains
Debit the receiver and credit the giver Debit what comes in and credit what goes out Debit all expenses and losses and credit all gains and incomes
1. Personal Ac - Debit the receiver, credit the giver. 2. Real Ac - Debit what comes in, Credit what goes out. 3. Nominal Ac - Debit all expenses and losses, credit all incomes and gains.
1. Debit The Receiver, Credit The Giver 2. Debit What Comes In, Credit What Goes Out 3. Debit All Expenses And Losses, Credit All Incomes And Gains
Personal accounts: Debit is the receiver Credit is the Giver. Real accounts: what comes in Debit What goes out credit. Nominal accounts: expences losses are debit Income profits are credit
Real Account are related from assets which owens by the businessman.br /Rule -br /Dr What comes inbr /Cr What goes outbr /Personal accounts are related from name of a natural person (like ram, mohit etc and artificial person (pnb, Reliance)br /Rule-br /Dr. the reciverbr /Cr. the giverbr /Nominal accounts are related from incomes & gain (recived rent, recived commission), Expenses and losses (rent paid, commission paid)br /Rule - br /Dr. All Expenses and Lossesbr /Cr. All Income and Gain
Personal: Debit the receiver and credit the giver. Real: Debit what comes in credit what goes out. Nominal: Debit all expenses and losses credit all incomes and gains.