what are three golden rules of account
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Golden rule of account is an ancient rule of account..
It is of 3 types.
1. Personal account.
2. Real account.
3. Nominal account.
It is of 3 types.
1. Personal account.
2. Real account.
3. Nominal account.
Answered by
3
Heya!!! here's your answer!!!
I would say the golden rules of Accounting are:
1.Debit the receiver, credit the giver.
2. Debit what comes in, credit what goes on,
3. Debit all expense & losses, credit all income & profit.
hope it helps u!!!!
I would say the golden rules of Accounting are:
1.Debit the receiver, credit the giver.
2. Debit what comes in, credit what goes on,
3. Debit all expense & losses, credit all income & profit.
hope it helps u!!!!
pandajayeshp78fmp:
Debit all the Expenses & losses, Credit all Incomes. Debit The Receiver, Credit The Give
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