Golden rules of accounting
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Answer / sazam
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 income and gains.
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Answer / pradnya
REAL A/C :- DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
PERSONAL ACCOUNTS :- DEBIT THE RECEIVER
CREDIT THE GIVER
NOMINAL ACCOUNTS :- DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND REVENUES
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Answer / rajan mishra
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
Rajan Mishra
Patna
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PERSONAL A/C : debit the receiver
credit the giver
Nominal A/C :debit the all expenses and losses
credit the all income and gain
REAL A/C : debit what comes in
credit what goes out
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Answer / narasimha murthy........alur
PERSONAL ACCOUNT :- Debit the receiver
Credit thr Giver..........
REAL ACCOUNT :- Debit what comes in
Credit what goes out........
NOMINAL ACCOUNT :- Debit all expenses & losses
Credit all incomes & Gains.........
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Answer / saran
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
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Answer / mani
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 Loss and Expenses
Credit all Incomes and gains.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / ajit kumar
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 gains and incomes
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / bandu deshmukh
there are three kinds of accounts.
1} Personal A/C
2} Real A/C
3} Nominal A/C
rules
Personal A/c = Debit the receiver
Credit the giver .
Real A/C= = debit what come in
credit what goes out.
nominal A/c = debit the all Expenses And losses
credit the all income and gains.
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Answer / deepak gupta
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
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Expand A F C
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How to finalise the accounts of any private limited company?
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5 Answers Cooperative Bank of Oromia,
Audit 
