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What are accounting Principles?
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Answer Posted / m rajesh
Accounting principles classified in to to three types
personal A/c : Debit the receiver credit the giver
Real A/c : Debit what comes in credit was goes out.
Nominal A/c : Debit all expences and loses, and credit
all income and gain.
| Is This Answer Correct ? | 13 Yes | 16 No |
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