Question { Genpact, 77723 }
What are the golder rules of Accounts ?
Answer
PEARSONAL A/C " DEBIT THE RECIEVER AND CREDIT THE
GIVER "
REAL A/C " DEBIT WHAT COMES IN AND CREDIT WHAT GOES OUT"
NOMINAL A/C " DEBIT ALL EXPENSE AND LOSSES AND CRDIT
ALL INCOMES AND GAINS "