Answer / dinesh jamnani

1- Personal Account - Debit the reciver and Credit the Giver

2 - Real Account - Debit what comes in and credit what goes
out

3 - Nominal Account - Debit all the expenses and loses and
credit all incomes and gains

Answer / haider eqbal

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

Answer / murari kumar jha

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

Answer / anu v jacob

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 / lasya peddada

Rules of the Double Entry System

Debit Credit

Personal Account Receiver Giver

Real Account What comes in What goes out

Nominal Account Expenses and Incomes and Gains
Losses

Answer / anand prajapati

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

PERSONAL ACCOUNTS A/C: DEBIT THE RECEIVER
CREDIT THE GIVER

NOMINAL ACCOUNTS A/C: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

Answer / shyam kishor sharma

PERSONAL A/C: DEBIT THE RECIEVER
CREDIT THE GIVER

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

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

ASSETS: DEBIT THE INCREASE IN ASSETS
CREDIT THE DECREASE IN ASSETS

LIABILITIES : DEBIT THE DECREASE IN LIABILITIES
CREDIT THE INCREASE IN LIABILITIES

CAPITAL: CEBIT THE DECREASE IN CAPITAL
CREDIT THE INCRESE IN CAPITAL

EXPENSES: DEBIT THE INCREASE IN EXPENSES
CREDIT THE DECREASE IN EXPENSES

INCOME: DEBIT THE DECREASE IN INCOME
CREDIT THE INCREASE IN INCOME

DEBTORS/CREDITORS(PERSONAL A/C)
DEBIT THE DEBTORS
CREDIT THE CREDITORS

IF I AM RIGHT THEN PLEASE MAIL ME
MY ID IS: shyam.info5562@yahoo.in

Answer / jaibheem

Personal A/C Debit the Reciever
Credit the Giver


Real A/C Debit What Comes
Credit What Goes out



Nominal A/C Debit all Expences on loss
Credit all Income and Gains

Answer / anuj

Personel A/c Debit the receiver
credit the giver

Real A/c Debit wht comes in
credit wht goes out
Nominal A/c All Exp. And losses Dr.
All income and expenditure Cr

Answer / bikram

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.

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