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Categories >> Accounting >> Accounting AllOther
 


 

 
Question what are the golden rule of accounting.
 Question Asked In Companies :: Patni,     < I also faced this Question! >
 Question Submitted By :: mayankjain_243
  Answer Posted By  
 
Answer
There are Three golden rules in accountings
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 ?    75 Yes 6 No


 
  vinodkumar
 
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