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Golden rules of accounting..

Answer / b. mohamed hanifa

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

PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER

NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAINS

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / padmini

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 ?    1 Yes 0 No

Golden rules of accounting..

Answer / navpreet kaur dhillon

REAL A/C: DR:WHAT GOES OUT
CR:WHAT COMES IN
PERSONAL A/C:DEBIT THE GIVER
CREDIT THE RECIEVER
NOMINAL A/C: DEBIT ALL EXPENCES & LOSSES
CREDIT ALL INCOME & GAIN

I WANT TO ASK ALL THAT IF DEBIT MEANS WHAT COMES IN THEN
HOW CAN IT BECOME EXPENSES & LOSSES IN NOMINAL A/C. PLEASE
JUST CORRECT ME BECAUSE I AM A NEW LEARNER

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / b.hanifa

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

PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER

NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAIN

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / shafi 9760366175

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 expences and losses
Credit all incomes and gains

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / babul kumar singh

Accounting is mainly classified under three categories
which are below,and For each and every transaction
there will be two aspects,ie,. Debit and credit.

Nominal Accounting: Debit all Expenses and Losses
Credit all Incomes and Gains
(Its related to incomes and expenditure (both Direct &
Indirect))

Personal Accounting: Debit the Receiver
Credit the Giver
(Its is related to person, firm etc....................)



Real Accounting: Debit What comes in
Credit what goes out.
(Its related to goods, cash etc.......................)

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / p. dhanasekar

Real Account
Personal Account
Nominal Account
Representative Personal Account
Valuation Accounting

Is This Answer Correct ?    2 Yes 1 No

Golden rules of accounting..

Answer / macchindra sambhaji kadlag

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 expences and losses
Credit all incomes and gains

Is This Answer Correct ?    1 Yes 0 No

Golden rules of accounting..

Answer / valli r

Personal A/c: Debit the receiver
Credit the Giver

Real A/C : Dr. What come in
Cr. What goes out

Nominal A/C : Dr. All expense & loss
Cr. All incomes & gains

Is This Answer Correct ?    2 Yes 1 No

Golden rules of accounting..

Answer / senthamil kumaran

Personal Account: Debit the receiver
credit the giver

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

Real Account : what comes in Debit
what goes out credit

Is This Answer Correct ?    1 Yes 0 No

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