write the 3 golden rules of journal
Answers
Answered by
1
Answer:
Debit the receiver and credit the giver. ..
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Debit what comes in and credit what goes out. ..
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Debit expenses and losses, credit income and gains.
Answered by
0
Answer:
the 3 golden rules of journals are as follows
Explanation:
First: Debit what comes in, Credit what goes out.
Second: Debit all expenses and losses, Credit all incomes and gains.
Third: Debit the receiver, Credit the giver.
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