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Categories  >>  Business Management  >>  Finance
 
 
 
Question 
What are accounting Principles?
 Question Asked At :: Infosys, HSBC, IBM, Eskom, Vibha, Genpact, Accounting Principals, Wipro, Genpact, Indoriya, GENPACT,HYDERABAD, Fright Wrox, What Are Accounting Priniciples, Sbi Bank Interview, J P Morgan, Flour Daniel India Pvt. Ltd., Essential Fetures Of Accounting Principles, Syntel, Bank
 Question Submitted By :: nandu
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Answer
 
accounting principles
  personal accounting:this account belongs all persons,banks
    
   Debit:debit the receiver
   credit:credit the giver
real account:this account belongs to all assets 
   
    debit:debit what comes in
    credit: cridit what goes out
nominal account:this account belongs to all incomes and 
expendature

     debit: debit all expenses and lossess
     credit : credit all incomes and gains

 		 Potenaik
 
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