Answer / vinod chandila

THE THREE GOLDEN RULES OF ACCOUNTING.

1.PERSONNEL ACCOUNTS-DEBIT THE RECEIVER AND CREDIT THE GIVER.

2.REAL ACCOUNTS-DEBIT WHAT COMES IN AND CREDIT WHAT GOES OUT.

3.NOMINAL ACCOUNTS-DEBIT ALL THE EXPENSES AND LOSSES AND
CREDIT ALL THE INCOME AND GAINS.

Answer / kashif raza khan

REAL ACCOUNTS = DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS = DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS = DEBIT THE GIVER
CREDIT THE RECEIVER

Answer / more akshay dhondu

Personal Account:- Dedit the receiver
credi the giver
(Personal Account means any person name, body)
Real Account:- Debit what comes in
Credit what goes out
(Real Account means Bank)

Nominal Account:- Debit all expenses & losses
Credit all incomes & gains.
(nominal Account means any transaction that is show in dr
side for p & l a/c. Income shows on Cr. side for P&L A/C.)

Answer / natheeshram

REAL ACCOUNTS DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL ACCOUNTS DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES

PERSONAL ACCOUNTS DEBIT THE RECEIVER
CREDIT THE GIVER

Answer / sandeep raj giri

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

Answer / santosh

which item includes in real account

Answer / ramkumar

Personnel account ioncludes all ledger accounts of
individuals HUF company firm etc... E.g Ram's a/c sham and
co ABC comp-any limited etc....

Real A/c includes all assets and liabilities a/c.. Eg cash
a/c bank a/c fixed assets current liabilities....

Nominal A/c includes all direct and indirect incomes and
expenses a/c e.g salary a/c commission a/c rent a/c etc...

Debit all expenses and losses
credit all incomes and gains

Answer / narendra chandpure

Personel a/c : Debit the receiver
Credit the giver

Real a/c : What comes in Debit
What goes out Credit

Nominal a/c : Debit all Loss and Expenses
Credit all Incomes and gains.

Answer / dheerandra singh thakur

personal :-debit the receiver , credit the giver
real :-whats come in debit , whats goes out credit
nominal :-all expence/loss debit ,all income/gain credit

Answer / yash

yarro sab ke sab galat ho
personal a/c - debit the giver
credit the receiver
means u received a 1000 rs so u will make a entry
cash a/c dr 1000
my capital a/c means personal a/c 1000
ok

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