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What is the three rules of Account & what is debit and
credit

Answer Posted / madhuri.a

There are 3 fundemental rules for accounting.


1. personal a/c
2. reala/c
3. Nominal a/c.

While coming to Accountancy Here Debit Means "What Comes IN"
&Credit means "what Goes Out".

Is This Answer Correct ?    9 Yes 3 No



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