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What are the 3 Basic Rules in Accounting.
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Answer Posted / shekar
Nomial accounted :
Debit : All expenses& lossss
credit : All Incomes & gain
Real accounted:-
Debit : What comes in
Credit : What goes out
Personal accounted :-
Debit the receiver
Credit the giver
| Is This Answer Correct ? | 19 Yes | 1 No |
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