Accountancy, asked by mukundjha21, 1 year ago

what are the golden rule if accounts

Answers

Answered by babushall
6

Explanation:

golden principles of accounting .

personal account rule

dr- the receiver.

cr- the giver.

real account rule

dr- what comes in.

cr- what goes out.

nominal account rule.

dr- all expenses and losses.

cr- all incomes and gains.

Answered by tanmoyvestige
0

Answer:

The golden rules of journal in accounting are :-

Golden Rules of Journal

Personal account rule

Debit- The receiver.  

Credit- The giver.  

Real account rule

Debit- What comes in.  

Credit- What goes out.  

Nominal account rule

Debit- All expenses and losses.  

Credit- All incomes and gains.  

                                                                                                   

Similar questions