What are the golder rules of Accounts ?




Answer Posted / ashwin barad

Answer is as under.

R1 Personal : Debit the receiver, and credit the giver.
R2 Real : Debit what comes in, and credit what goes out.
R3 Nominal : Debit all expenses, and losses and
credit all incomes, and gains.

Is This Answer Correct ?    49 Yes 6 No






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