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What are accounting Principles?

Answer Posted / shishu pal singh

Three types of Accounting Principal

1. Personal Account
Dr - Reciever
Cr. - Giver

2. Real Account
Dr. - Assets Comes in
Ct. - Assets Goes out

3. Nominal Account
Dr. - All Expenses
Cr. - All Imcomes & Gains

Is This Answer Correct ?    9 Yes 10 No



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