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Answer Posted / neha
Its depend upon the golden rules of account. They are:-
1) Personal Account: "Debit the Receiver,Credit the Giver".
2) Real Account: "Debit what comes in, Credit what goes
out".
3) Nominal Account: "Debit all expenses & losses, Credit
all incomes & gains".
Hope u'll get ur answer.
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Dear All, myself B.k Singh graduate with B.Com and PGDBM - Finance, I was worked with Service Company for 6 yrs.Now past 2yrs working with Real Estate,moreover I want to some course short term, plz guide me.
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