Question

List out the golden rules of accounting?

Answer 1

Answer:

The golden rules of accounting also revolve around debits and credits. Take a look at the three main rules of accounting: Debit the receiver and credit the giver.

...

Debit the receiver and credit the giver. ...

Debit what comes in and credit what goes out. ...

Debit expenses and losses, credit income and gains.

Step-by-step explanation:

hope it's helpful to you.

Answer 2

ANSWER

The golden rules of accounting also revolve around debits and credits. Take a look at the three main rules of accounting: Debit the receiver and credit the giver.

• Debit the receiver and credit the giver
• Debit what comes in and credit what goes out
• Debit expenses and losses, credit income and gains.

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