what is the accounting rules?
Answer / kavita
There are three rules of accounting:
1. Real Account
In Real Account Debit What comes in,
Credit What Goes Out.
2. Personal Account
Debit The receiver
Credit The Giver
3. Nominal Accounts
Dr. All exp. and losses
Cr. All incomes and gains
Is This Answer Correct ? | 17 Yes | 0 No |
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