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What are the Golden rules of accounts? with an example?

Answer Posted / neeraj kumar soni

Real account-{Debit- what comes in}
{Credit-what goes out}

Nominal account-{Debit-all expenses and losses}
{Credit-all incomes and gains}

Personal account-{Debit-receiver}
{Credit-giver}

Is This Answer Correct ?    139 Yes 4 No



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