what is golden rules of account?
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Answer / bikash knata tripathy
personal a/c - debit the receiver, credit the giver
real a/c - debit whats comes in, credit whats goes out
nominal a/c - debit all expenses & losses, credit all incomes
and gains
| Is This Answer Correct ? | 36 Yes | 0 No |
Answer / shravanthi
Personal account-Debit the receiver
Credit the giver
Real account-----Debit what comes in
credit what goes out
Nominal account----Debit all expences & losses
credit all incomes & gains
| Is This Answer Correct ? | 11 Yes | 0 No |
Answer / manish kumar
Personal account-Debit the receiver
Credit the giver
Real account-----Debit what comes in
credit what goes out
Nominal account----Debit all expences & losses
credit all incomes & gainsv
| Is This Answer Correct ? | 2 Yes | 0 No |
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