Debit what comes in credit what goes out is rule of
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☞Transactions are recorded by a debit to one account and a credit to another account using these three "golden rules of accounting": Real account: Debit what comes in and credit what goes out. Nominal account: Debit all expenses & losses and Credit all incomes & gains......♥
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Transactions are recorded by a debit to one account and a credit to another account using these three "golden rules of accounting": Real account: Debit what comes in and credit what goes out. Nominal account: Debit all expenses & losses and Credit all incomes & gains......♥
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