apurva


{ City } dhanbad
< Country > india
* Profession * a/c executive
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Question { TCS, 647032 }

Golden rules of accounting


Answer

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 loses & credit all

incomes and gains.

Is This Answer Correct ?    0 Yes 1 No