What are accounting Principles?
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Answer Posted / a. koteeswari
Accounting principles is Three types
1. Personal Account
Ex: Debit the reciver
Cridit the giver
2. Real Account
Ex: Debit what comes in
Credit what goes out
3. Nominal Account
Ex: Debit All Expenses and Losses
Credit All gains and incomes.
| Is This Answer Correct ? | 4 Yes | 1 No |
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