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Golden Rules of Accounting

Profile Photo Munaf S.
06/03/2018 0 View Comments0

Golden Rules of Accounting:

i. Personal Account:

  1.  Dr. The Receiver
  2. Cr. The Giver    

ii. Real Account:

  1. Dr. What Comes in
  2. Cr.What Goes out

iii. Nominal Account:

  1. Dr.Expenses and Losses
  2. Dr.Incomes And Gains.
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