Accountancy, asked by Ranjan2065, 11 months ago

Briefly state the rules of debuting and crediting accounts classified on the basis of accounting equation

Answers

Answered by ms6717352

1

Answer:

the golden rule of debit and credit

number 1 asset + expenses + losses = debit number 2 liabilities + income + gain = credit

Previous Question

Next Question

Similar questions

English, 5 months ago

4)Painting is her favourite hobby. [Pick out the Gerund]...

Science, 5 months ago

9. While cleaning her father's room Geeta found . an old book of his in which there were nine planets in solar system were shown, where as the number of planets in the solar system is eight. Which planet is now not included in solar Gino system?

Math, 5 months ago

find the different between the place value and the face value of 7 in36407845...

English, 11 months ago

The moon was bright whether it is simple, complex or compound...

Science, 11 months ago

Oxidation state of Ch3coo-...

English, 1 year ago

find whether 24 / 75 terminating or non terminating repeating decimal...

Math, 1 year ago

X² - 3/5x+10=0 fine the quadratic equations...

Chemistry, 1 year ago

the maximum number of electrons possible In a sublevel is equal to (a)2l+1 (b)2n^2 (c)2l^2 (d)4l^2...