"Debit the Receiver and Credit the Giver" this
rule comes under
Real A/C
Personal A/C
Nominal A/C
None of these
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Personal A/c
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Answer:
Personal account.
Explanation:
This is the golden rule for personal account.
For nominal account,
It is
Debit all expenses and losses
Credit all incomes and gains
For real account
It is
Debit what comes in
Credit what goes out.
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