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Golden rules of accounting..

Answer / rahul kumar

in personal acccount , debit the receiver
credit the giver

in real account , debit whats come in
credit whats goes out

in nominal account ,debit all expenses and losses
ccredit all income and gain

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / nagaraju.pantrangam

Personal Account:Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

Nominal Account : Debit all expenses and losses
Credit all incomes and gains

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / thendral

PERSONAL ACCOUNT : DEBIT THE RECEIVER
CREDIT THE GIVER

REAL ACCOUNT : DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNT : DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / naveen kumar

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND Gain
PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / chandan singh vohra

real account-dabit whats come in and credit whats goes out
personal accounts-dabit the reciver and credit the giver
nominal accounts- dabit the all expences and losses and
credet the all income and profit

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / tarun patel

Personal Account:Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

Nominal Account : Debit all expenses and losses
Credit all incomes and gain

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / abhinash pattnaik

Real A/c :-
Debit what's comes in
Credit what's goes out
Nominal A/c :-
Debit all exp. And losse
Credit all income and gain
Personal A/c :-
Debit the receiver
Credit the give

BY :- ABHINASH PATTNAIK

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / arjun johra

REAL A/C: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

PEROSNAL A/C: DEBIT IS RECEIVER
CREDIT IS GIVER

NOMINAL A/C: DEBIT IS ALL EXP AND LOSSES
CREDIT IS GANINS AND INCOMES

In one trasaction statement, there are two a/c will be
involved Ex: X person has deposited Rs. 10000 to HDFC Bank
Rs.10000 is Credit( going out)( Real a/c) and HDFC Bank is
debit is receiver ( Personal a/c)

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / m.s.a.siddiqui.

There are three rules for recording the transactions
personal Account:
Debit The Receiver.
Credit The Giver.
Real Account:
Debit What come in.
Credit What goes out.
Nominal Account:
Debit Expenses and losses.
Credit Incomes and gains.

Is This Answer Correct ?    2 Yes 0 No

Golden rules of accounting..

Answer / shivraj telang

Personal accounts : Dr the Receiver
Cr the Giver

Nominal Accounts : Dr all expenses and losses
Cr all incomes and gains

Real Accounting : Dr what comes

Cr what goes out

Is This Answer Correct ?    2 Yes 0 No

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