What are the 3 Basic Rules in Accounting.

Answer Posted / ramesh

personal a/c :-

receive the debit----dr /1000
giver the credit---cr /1000

real a/c:-

what comes in debit----dr /2000
what goes out credit---cr /2000

nominal a/c:-

all loss and expense debit--dr/3000
all income and gain credit--cr/3000

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