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What are accounting Principles?

Answer Posted / dinesh jain

Accounting Principal as like Science who is treat the
Business as like Science Principal .Accounting Principal
Give to Business A power than business Run As like a
aroplan .Accouting Pricipal Debit & Credit System.

there are 3 types of accounting principals
1. personnel accoumt:- debit the receiver and credit the
giver,
2. real account:- debit what comes in and credit what goes
out.
3. nominal account:- debit all expenses and losses and
credit all gains and incomes.

Is This Answer Correct ?    7 Yes 19 No



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