Accountancy, asked by srajlaxmi00, 4 months ago

Debit the receiver, credit the _______________ is the rule for personal accounts.​

Answers

Answered by Princess5259
1

Answer:

Debit the receiver, credit the ___Play_____ is the rule for personal accounts.

Debit the receiver and credit the giver. The rule of debiting the receiver and crediting the giver comes into play with personal accounts. A personal account is a general ledger account pertaining to individuals or organizations.

Explanation:

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Answered by aniska10
1

Debit the receiver and credit the giver. The rule of debiting the receiver and crediting the giver comes into play with personal accounts. A personal account is a general ledger account pertaining to individuals or organizations

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