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What is the three golden rules in Accounts ?
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Answer / susan thomas
Personal a/c
debit the receiver
credit the giver
Real a/c
debit what comes in
credit what goes out
Nominal a/c
debit all expenses and losses
credit all incomes and gains
| Is This Answer Correct ? | 60 Yes | 1 No |
Answer / chandrakala
Debit what comes in
Credit what goes out
Debit the receiver
Credit the giver
Debit all expenses and losses
Creit all incomes and gains
| Is This Answer Correct ? | 41 Yes | 1 No |
Answer / krishna.g
personal account=debit the receiver and credit the giver
real accountant=debit what comes in and credit what goes out
nominal accoutant=debit all expenses& losses and credit all
incomes & gains
| Is This Answer Correct ? | 10 Yes | 1 No |
Answer / gouthami
1. personal accounts
debit-the receiver
credit-the giver
2.real accounts
debit-what comes in
credit-what goes out
3.nominal accounts
debit-all losses and exepenses
credit- all incomes and gains.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / jana
personal a/c
debiter-the receiver
crediter-the giver
real a/c
debit-what comes in
credit-what goes out
nominal a/c
debit-expenses&losses
credit-incomes&gain
| Is This Answer Correct ? | 4 Yes | 0 No |
Answer / syed asif
1) Personal A/c
Debit the receiver
Credit the giver
2) RealA/C
Debit what comes in
Credit what goes out
3) Nominal A/C
Debit all Expense and Losses
Credit all Incomes and Gains.
| Is This Answer Correct ? | 3 Yes | 0 No |
Answer / lijeesh
Debit what comes in
Credit what goes out
Debit the receiver
Credit the giver
Debit all expenses and losses
Creit all incomes and gains
| Is This Answer Correct ? | 2 Yes | 0 No |
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