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Examples each for golden rules of accounting
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Answer Posted / n.pragatheeswaran
Used Golden Rules for depreciation
1. Depreciation A/c Dr = Rs:1000 ( Nominal A/c -Expenses & loss
Machinery A/c Cr = 200 ( Real A/c )
Furniture A/c Cr = 200 ( Real A/c )
Computer A/c Cr = 600 ( Real A/c )
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