Question

rules of account debit and credit​

Answer 1

Answer:

First: Debit what comes in, Credit what goes out.

Second: Debit all expenses and losses, Credit all incomes and gains.

Third: Debit the receiver, Credit the giver.

Answer 2

REAL a/c: Debit what comes in
Credit what goes out
Personal a/c: Debit the receiver
Credit the giver
Nominal a/c: Debit all expenses
and losses
Credit all gains & profit

Hope you got it ;)