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what are athe accounting principles?

Answer Posted / aditya srivastava

1)PERSONAL ACCOUNT

Debit the receiver.
Credit the giver.

2)REAL ACCOUNT

Debit wat comes in.
Credit wat goes out.

3)NOMINAL ACCOUNTS

Debit all expenses and losses.
Credit all incomes and gains.

Is This Answer Correct ?    8 Yes 3 No



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