Golden Rules of Accounting:
i. Personal Account:
- Dr. The Receiver
- Cr. The Giver
ii. Real Account:
- Dr. What Comes in
- Cr.What Goes out
iii. Nominal Account:
- Dr.Expenses and Losses
- Dr.Incomes And Gains.
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Golden Rules of Accounting:
i. Personal Account:
ii. Real Account:
iii. Nominal Account:
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