Answer Posted / santu
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 Losses
credit All Gains and incomes
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how intangible assets are entered in B/s. plz send me the answer of this question in my e-mailid-prabhatsingh873@gmail.com
hi every one i just want to know the entry for bank charges dt 31.3.2016 which deducted on 02.04.2016 kindly help me thank you raj
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