Rule 1: Total asset= Total liab + owner's Equity

Rule 2: Debit: all exp & loss
        Credit: all income & gain

Rule 3: Total of debit side = Total of credit side

1. Debit  to receiver
   Credit to giver

2. Debit what comes in 
   Credit what goes out

3. Debit All Exp /Loss
   Credit Income/Gain

1.personal account
  debit the receiver 
  credit the giver
2.nominal account
  all expence and loses debit
  all incomes and gains credit 
3.real account 
  what comes in debit
  what goes out credit

There 3 basic rules in Accounting

1.Real Account
what comes in       Dr
what goes out          Cr

2.Personal Account
The Reciver         Dr
Giver                  Cr

3.Nominal Account 
All Expenses        Dr
All incomes            Cr

Personal A\C

Receiver a\c Dr
  Giver a\c  Cr

Nominal A\C

All expenses & loss a\c   Dr
  All income & gain a\c   Cr

Real A|C

What comes in a\c     Dr
   What goes out a\c  Cr

Basic rules in Accounting

Personal Account:
    Debit Receiver of the benefit
    Credit  Giver of the benefit
Real Account:
    Debit What comes in
    Credit What goes out
Nominal Account:
    Debit all expenses and losses
    Credit all incomes and gains

Personal Accounts :All the personal A/c as ramesh A/c, raj 
A/c are included . A person who takes debited and a person 
who gives credited 
Real Accounts: All the real A/c as fixed assets which is 
real in nature are included inwhich whatever comes in 
debited and watever goes out credited
Nominal A/c : In the nominal A/c all the Expenses & loss IS 
debited and all the incomes and gains is credited

There are three basic rules in accounting

Real Account:    what comes in--Dr
                 what goes out-----Cr

Personal Account:the receiver--Dr 
                 the giver--------Cr

Nominal Account: All expenses and losses--Dr
                 All income and gains-------Cr

for personal account
debit to receiver
credit the giver


for real account
debit what comes in
credit what goes out

for nominal account
debit all exp/losses
credit income/gain

1)Capital=Assets-liabilities
2)Debit side should be equal to credit side
Debit all exp&loss and credit all incomes and gains
3)Increase in debit should not be equal to credit

three rules are 
1. real a/c i.e (asset)
   when one asset comes in it should be debited 
   when one asset goes out it should be credited
                                        
2.personal a/c i.e (individual a/c)
  when one person or co.receives benefit it should debited
  when one person or co.gives benefit it should be credited
        
3.nominal a/c 
  all the expenses&losses should be debited
  all the incomes&gains should be credited

According to me whatever answer posted above is not correct 
because, they have highlighted basic principals of 
accounting and not rules of accounting.
total assests: Liab+Capital
Total Liab: Capital -Assests
Capital: Equity+liab(Borrowed Capital)

accounts are two types. namely
1.personal account
2.impersonal account: this account can be divided into two types
a.Real A/c
b.Nominal A/c

1.Personal A/c:

Debit the REciever
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 incomes and gains 

These are called Golden principles.

Three types of rule:

1) Personal Account
 
    "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"

I learn this three rule of accounting

same as above

Same as #14

personal a/c: dt: the receiver
              cr: the giver
real a/c    : dt: what comes in
              cr: what goes out
nominal a/c : dt: all exp & loss
              cr: all income & assets

what is the mean of INPUT &OUTPUT TAX ,
and what is the mean of INPUT & OUT PUT VAT

Personal A/c
Dr:-"Debit the receiver 
cr:-credit the giver"
ex:-SBI,ICICI etc.
Real A/c
Dr:-"Debit what comes in"
cr:-"credit what goes out"
ex:-purchased goods from ram on credit basis
   purchase a/c dr
    To ram a/c
Nominal a/c
Dr:-"Debit all expenses and lossess
cr:-credit all incomes and gains"

Real A/C
Debit : What comes in
Credit :what goes out
Personal A/C
Debit : Receiver
Credit : Giver
Nominal A/C
Debit : All Expenses & Losess
Credit : All incones and gains

1.Personal a/c
      debit the reciever
      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 incomes and gains

There are two kinds of accounts: 1. Personal Account, and 
2. Impersonal Account

1. Personal A/C  Dr. the Receiver, Cr. the giver

2. Impersonal account can be devided in to two groups: 1. 
Nominal A/C, 2. Real A/C

2.1. Nominal A/C : All expenses and losses Dr., and all 
income and gains Cr.

2.2. Real A/C: Dr. what goes out, Cr. what comes in

1.Real Account
what comes in       Dr
what goes out          Cr

2.Personal Account
The Reciver         Dr
Giver                  Cr

3.Nominal Account 
All Expenses        Dr
All incomes            Cr

For these rules all the accounting transactions are divided 
into three accounts: Real, Nominal and Personal. And the 
rule says:

Real Account:
Debit what comes in
Credit what goes out

Personal Account:
Debit the reciever
Credit the giver

Nominal Account:
Debit all expenses and losses
Credit all incomes and gains

Personal account - Deals with the live persons eg.,Ram,Chris etc

Debit the Receiver
Credit the giver

Real Account - Deals with the cash 

Dedit what comes in
Credit what goes out

Nominal Account - Deals with the Expenses & Incomes  

Debit all the Expenses & Losses
Credit all the Incomes & Gains.