Accountancy, asked by aman342777, 1 year ago

what are the golden rule of accounting ​

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Answered by Anonymous
2

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The Golden Rules of Accounting :

❀ 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 account.

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

─── ❖ ── ✦ ── ❖ ───

Answered by Jasmine9115
0

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