Question

Rules of debit and credi in traditional methods​

Answer 1

Personal Accounts :

Rules for Debit and Credit :

• Debit is the Receiver of the benefit.
• Credit is the Giver of the benefit.

Real Accounts :

Rules for Debit and Credit :

• Debit what Comes in.
• Credit what Goes out.

Nominal Accounts :

Rules for Debit and Credit :

• Debit all Expenses and Losses.
• Credit all Incomes and Gains.

Answer 2

Answer:

Same upr wala h ans

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