what are the golden principle of accounting?
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Answer Posted / vinay
Golden Principles of Accounting :
Personal A/c : Debit the receiver and credit the giver.
Real A/c : Debit what comes in credit what goes out
Nominal A/c : Debit all expenses and losses credit all
incomes and gains .
| Is This Answer Correct ? | 107 Yes | 2 No |
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