Accountancy, asked by narinjanpal, 8 months ago

debit what comes in credit what goes out is rule of​

Answers

Answered by kamaljeetsingh1930
4

Explanation:

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.(◕ᴗ◕✿)

Answered by lavanyawankhede
4

Answer:

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.

Explanation:

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