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Answer / radha
goldent principles of accounting are
1. Personal account. In this a/c Debit the benifit receiver
and creit the benifit giver.
2. Real Account. In this a/c Debit what comes in and Credit
what goes out
3. Nominal Account. In this a/c all expenses and lossess
are debited and all incomes.
|Is This Answer Correct ?||13 Yes||4 No|
Answer / praveen chowdary
debit the receiver and credit the giver.
debit what comes in and credit what goes out.
debit all expences and losses, credit all incomes and gains
|Is This Answer Correct ?||8 Yes||1 No|
5- Explain the function of ledger?
Accounting and Accountancy
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