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wat is the golden rule of accounting
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Answer / shreeram
1) Debit always equals Credit
2) Increases do not necessarily equal decreases
3) Assest - liabilities= owner's fund( accounting equation)
| Is This Answer Correct ? | 1 Yes | 3 No |
Answer / durgaprasad m
Double accounting system.
Every debit corresponds to credit
| Is This Answer Correct ? | 4 Yes | 10 No |
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