Question

real , personal and nominal account rules​

Answer 1

Answer:

Debit The Receiver, Credit The Giver. This principle is used in the case of personal accounts. ...

Debit What Comes In, Credit What Goes Out. This principle is applied in case of real accounts. ...

Debit All Expenses And Losses, Credit All Incomes And Gains.

Answer 2

RULES:-

PERSONAL ACCOUNTS:

Debit the receiver and credit the giver .

REAL ACCOUNTS:

Debit what comes in and credit what goes out.

NOMINAL ACCOUNTS:

Debit all the expenses and losses and Credit all the incomes and gains.