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Golden rules of accounting
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Answer Posted / b.hanifa
REAL A/C :DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT
PERSONAL A/C :DEBIT THE RECIVER
CREDIT THE GIVER
NOMINAL A/C :DEBIT ALL EXPANSES AND LOSSES
CREDIT ALL INCOME AND GAIN
| Is This Answer Correct ? | 1 Yes | 0 No |
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