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What are the 3 Basic Rules in Accounting.

Answer Posted / abdul bari

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

Is This Answer Correct ?    136 Yes 18 No



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