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What are the 3 Basic Rules in Accounting.

Answer Posted / saira

1.Personal A/C
. Debit the receiver
Credit the giver

2- Real A/C
. Debit what comes in
Credit what goes out

3- Niminal A/C
. Debit All Exp /Loss
Credit Income/Gain

Is This Answer Correct ?    4 Yes 0 No



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