Question

write the four principal of double enty system​

Answer 1

Answer:

Principle of Double Entry

Debit Side = Credit Side.

#1 – Real Accounts – Debit what comes in and Credit what goes out. Real accounts. ..

.#2 – Personal Accounts – Debit the Receiver and Credit the Giver. ..

.#3 – Nominal Accounts – Debit all Expenses and Losses and Credit all Incomes and Gains.

Explanation:

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Answer 2

Answer:

Debit Side = Credit Side.

#1 – Real Accounts – Debit what comes in and Credit what goes out. Real accounts. ...

#2 – Personal Accounts – Debit the Receiver and Credit the Giver. ...

#3 – Nominal Accounts – Debit all Expenses and Losses and Credit all Incomes and Gains.