Question

golden rules? of accounting ✌✌​

Answer 1

Answer:

Here is the answer

Hope it helps you

Answer 2

1. Real : It is used for fixed assets and liabilities

Dr: what comes in

Cr: what goes out

2.Nominal:It is used for incomes and expenses.

Dr: all expenses and losses

Cr: all incomes and gains

3.Personal:It is related to individuals and institutions

Dr: the receiver

Cr: the giver

I hope it will help you for your studies.....