Answer / rajesh

PERSONAL ACCOUNTS DEBIT THE GIVER
CREDIT THE RECEIVER

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND gains

Answer / chalapathi rao govada

Personal A/C - Debit the receiver of benifit
Credit the Giver of benifit

Real A/C - Debit the Asset comes in the organisation
Credit the Asset goes out of organisation

Nominal A/C - Debit all expenses and losses
Credit all revenues and profits.

All the above Golden rules of accounting known as
principles of Accountancy as invented of fa-Luca-Faciolo
(the father of Accountancy who invented the double entry
system).

Answer / m.meyyappan

Personal account:Debit the receiver
Credit the giver
Real Account :Debit what comes in
:Credit what goes out
Nominal Account :Debit all expenses & losses
:Credit all Receipts and gains

Answer / sudhansu sekhar acharya

Personal A/c: Debit is the receiver
Credit is the Giver

Real A/C : Dr. What come in
Cr. What goes out

Nominal A/C : Dr. All expense & loss
Cr. All incomes & gains

Answer / afsal .k . ali

Nominal account: Debit WHAT COMES IN
cREDIT WHAT GOES OUT

Nominal acount : Debit the expenses and losses
Credit the all incomes and gains

Personal Account: Debit the reciever
Credit the giver

Answer / tirumal

For the accounts purpose the accounts are mainly divided
into three heads of the accounts, below are the list of the
accounts and correspoding rules

1.Personal accout:

Debit : The receiver
Credit : The giver

2. Real Account:

Debit : What comes in
Credit : What goes out

3. Nominal Account

Debit : all expenses and losses
Credit : All incomes and gains

Answer / saif

Real a/c Debit what comes in
credit what goes out

personal a\c Debit the receiver
Credit the giver

Nominal a/c Debit all expencess and lossess
Credit all incomes and gains

Answer / badrinath s

Personal A/c - Debit the Receiver and
Credit the Giver.

Real A/c - Debit What Comes in and
Credit What goes out.

Nominal A/c - Debit all Expenses and loss and
Credit all Income and Gain.


Badrinath S

Answer / vinita

Debit what comes in Real A/c
credit what goes out

Debit all Expenses & losses Nominal A/c
Credit all Incomes & gains

Debit the receiver Personal A/C
Credit the Giver

Answer / bijay harichandan

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 expences and losses
Credit all incomes and gains



By-: Bijay Harichandan, Khurda, Orissa.

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