Answer Posted / shyam kishor sharma

PERSONAL A/C: DEBIT THE RECIEVER
CREDIT THE GIVER

REAL A/C: DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

NOMINAL A/C: DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOME AND GAINS

ASSETS: DEBIT THE INCREASE IN ASSETS
CREDIT THE DECREASE IN ASSETS

LIABILITIES : DEBIT THE DECREASE IN LIABILITIES
CREDIT THE INCREASE IN LIABILITIES

CAPITAL: CEBIT THE DECREASE IN CAPITAL
CREDIT THE INCRESE IN CAPITAL

EXPENSES: DEBIT THE INCREASE IN EXPENSES
CREDIT THE DECREASE IN EXPENSES

INCOME: DEBIT THE DECREASE IN INCOME
CREDIT THE INCREASE IN INCOME

DEBTORS/CREDITORS(PERSONAL A/C)
DEBIT THE DEBTORS
CREDIT THE CREDITORS

IF I AM RIGHT THEN PLEASE MAIL ME
MY ID IS: shyam.info5562@yahoo.in

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