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What are the 3 Basic Rules in Accounting.
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Answer Posted / ganeshkumar
BASIC RULES ARE 3 TYPES
1. PERSONAL A/C.
DEBIT THE RECEVIER
CREDIT THE GIVER
2.REAL A/C
WHAT COMES IN DEBIT
WHAT GOES OU CREADIT
3.NOMINAL A/C
ALL EXPENCES AND LOSSES DEBIT
ALL INCOMES AND GAINS CREADIT
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