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what are the golden principle of accounting?

Answer Posted / shravan singh

there are three type of accounting they are
1.personal account.
debit the reciver.
credit the giver.
2.real account.
debit whats come in.
credit whats goes out.
3.nominal account.
debit all expenses and losses.
credit all income and gains.

Is This Answer Correct ?    37 Yes 1 No



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