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What are the golder rules of Accounts ?
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Answer Posted / dpbiswal
RULE 1 : Debit the Receiver, Credit the Giver.
RULE 2 : Debit what comes in, Credit whatgoes out.
RULE 3 : Debit all expenses & losses,
Credit all incomes & gains.
| Is This Answer Correct ? | 379 Yes | 15 No |
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