Accountancy, asked by lucky4921, 3 months ago

what are the golden rules of accounting​

Answers

Answered by SoulFulKamal
657

Answer:

Take a look at the three main rules of accounting:

  1. Debit the receiver and credit the giver.
  2. Debit what comes in and credit what goes out.
  3. Debit expenses and losses, credit income and gains.

Explanation:

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Answered by Rockiii01
3

Explanation:

1 one

Debit the Reciver

Credit the Giver

2 one

Debit what comes in

Credit what goes out

3 one

Debit all Expenses and Losses

Credit all Incomes and Gains

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