Accountancy, asked by bhavnishkumarpunni5, 6 months ago

Debit what comes in credit what goes out​

Answers

Answered by Ujalaraj14
3

Answer:

Real accounts: Debit whatever comes in and credit whatever goes out. Personal accounts: Receiver's account is debited and giver's account is credited. Nominal accounts: Expenses and losses are debited and incomes and gains are credited.

Explanation:

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