Golden rules of accounting
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Answer / mayur & gujar
personal a/c :debit the recevier
credit the giver
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
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Answer / venkatesh.j
real a/c : debit what come in
credit what goes out
nominal a/c :debit all expenses & loses
credit all profit & gain
personal a/c :debit the recevier
credit the giver
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / yeshpal dinkar
Real a/c : Debit what comes in
Credit what goes out
Nominal A/c : Debit all expenses & losses
Credit all profit & gain
Personal A/c : Debit the receiver
Credit the giver
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / deendayal
DEBIT THE RECEIVER
CREDIT THE GIVER
DEBIT ALL EXPENSES & LOSSES
CREDIT ALL PROFIT AND GAINS
DEBIT WHAT COME IN
CREDIT WHAT GOES OUT
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / vijaychander
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 ? | 0 Yes | 0 No |
Answer / devadoss
Personal Account:Debit the receiver
Credit the giver
Real Account : Debit what comes in
Credit what goes out
Nominal Account : Debit all expenses and losses
Credit all incomes and gains
Is This Answer Correct ? | 1 Yes | 1 No |
Answer / ranjan prasad biswal
REAL A/C :DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
NOMINAL A/C :DEBIT ALL EXPENSES & LOSES
CREDIT ALL INCOME & GAINS
PERSONAL A/C :DEBIT THE RECEIVER
CREDIT THE GIVERS
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / almighty
No one knows any thing they are fools and wasting other
times if they are well known than write the 4th golden
accounting rule
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Answer / saravana.g
personal: The debit the recive
credit the giver
REal : Debit what comes in
credit what goes out
Nominal :Debit all expencessand lossess
Credit all incomes and gains
Is This Answer Correct ? | 0 Yes | 0 No |
Answer / k.durgadevi
PERSONAL A\C
DEBIT THE RECEIVER
CREDIT THE GIVER
REAL A\C
WHAT COMES IN
WHAT GOES OUT
NOMINAL A\C
ALL EXPENSES AND LOSSES
ALL INCOME AND GAINS
Is This Answer Correct ? | 0 Yes | 0 No |
how the loss on sale of furniture will be entered in accounting books
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