3golden rules in account
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Answered by
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Explanation:
Debit the receiver and credit the giver. The rule of debiting the receiver and crediting the giver comes into play with personal accounts. ...
Debit what comes in and credit what goes out. For real accounts, use the second golden rule. ..
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Debit expenses and losses, credit income and gains.
Answered by
0
Answer:
- Real Account
- Personal Account
- Nominal Amount
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