Question

What is golden rule
Of accounting
??

Answer 1

The three golden rules of accounting form the very foundation on which the entire discipline of accounting stands. If you manage to understand them and learn how to apply them in the related journal entries, you are already on your way to understand accounting.
The three golden are as follows:-

personal acc

real acc

nominal acc

Answer 2

Answer:

personal Account :debit the receiver credit the giver

real Account :debit what comes in credit what goes out

Nominal Account :Debit all expenses and loses

credit income and gain

Explanation:

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