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What is the three golden rules in Accounts ?

Answers were Sorted based on User's Feedback



What is the three golden rules in Accounts ?..

Answer / susan thomas

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 incomes and gains

Is This Answer Correct ?    60 Yes 1 No

What is the three golden rules in Accounts ?..

Answer / chandrakala

Debit what comes in
Credit what goes out

Debit the receiver
Credit the giver

Debit all expenses and losses
Creit all incomes and gains

Is This Answer Correct ?    41 Yes 1 No

What is the three golden rules in Accounts ?..

Answer / krishna.g

personal account=debit the receiver and credit the giver
real accountant=debit what comes in and credit what goes out
nominal accoutant=debit all expenses& losses and credit all
incomes & gains

Is This Answer Correct ?    10 Yes 1 No

What is the three golden rules in Accounts ?..

Answer / gouthami

1. personal accounts
debit-the receiver
credit-the giver
2.real accounts
debit-what comes in
credit-what goes out
3.nominal accounts
debit-all losses and exepenses
credit- all incomes and gains.

Is This Answer Correct ?    5 Yes 0 No

What is the three golden rules in Accounts ?..

Answer / jana

personal a/c
debiter-the receiver
crediter-the giver

real a/c
debit-what comes in
credit-what goes out

nominal a/c
debit-expenses&losses
credit-incomes&gain

Is This Answer Correct ?    4 Yes 0 No

What is the three golden rules in Accounts ?..

Answer / syed asif

1) Personal A/c

Debit the receiver
Credit the giver

2) RealA/C

Debit what comes in
Credit what goes out

3) Nominal A/C

Debit all Expense and Losses
Credit all Incomes and Gains.

Is This Answer Correct ?    3 Yes 0 No

What is the three golden rules in Accounts ?..

Answer / lijeesh

Debit what comes in
Credit what goes out

Debit the receiver
Credit the giver

Debit all expenses and losses
Creit all incomes and gains

Is This Answer Correct ?    2 Yes 0 No

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