Question

what are the rules of double entry system of accounting​

Answer 1

Answer:

#Rules for personal Account.

" Debit the receiver

" Debit the receiver Credit the giver "

#Rules for Real Accounting.

" Debit what comes in

" Debit what comes in Credit what goes out "

#Rules for Real Accounting.

" Debit all expenses and losses

" Debit all expenses and losses Credit all incomes and gains "