what is fundamentals of accounting ?

Answer Posted / praveenkumar.cheeli

PERSONAL A/C, 2. NOMINAL A/C, 3. REAL A/C.

IN PERSONAL A/C :(DEBIT THE RECEIVER
CREDIT THE GIVER).

NOMINAL A/C: (DEBIT ALL EXPENDITURE
CREDIT ALL INCOMES).

REAL A/C:(WHAT COMES IN
WHAT GOES OUT).

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