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Categories  >>  Accounting  >>  Accounting AllOther
 
 
 
Question 
GOLDEN RULES OF ACCOUNTING
 Question Asked At :: HP, Transworld, Jp Morgan, Scope International, Bank Reconsilation Statment, ORACLE, ORACLE, Hwitt, Intel, Salary Payable In Which Accounts, Salary Payable Si Which Accounts, Hp, JP MORGAN, Flextronics, Ajsa, Zenpact, Personnal Account Rule, Tcs, Northern Transport, Uco,
 Question Submitted By :: dr. r.srinivasan
I also faced this Question!!     Rank Answer Posted By  
 
Answer
 
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

 		 Swapna
 
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