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what is basic accounts rule?
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Answer Posted / nikhil
the three golden rules of a/cs is
1. Personal Account - Dr. the Reciever
Cr. the Giver
2. Real Account - Dr. What Comes in
Cr. What Goes Out
3. Nominal Accont - Dr. all Expenses & Losses
Cr. all Profits & Gains.
| Is This Answer Correct ? | 6 Yes | 1 No |
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