Rules of Debit and Credit
uRules
of Debit and Credit is also known as “Golden Rules”
of accounting.
Personal A/c:-uDr.
the receiver and
u Cr. the giver.
u Cr. the giver.
Real A/c:- uDr.
What comes in? and
uCr. What goes out?
uCr. What goes out?
Nominal A/c:- uDr.
all expenses and losses.
uCr. All incomes and gains.
uCr. All incomes and gains.
click here : Accounting Golden Rules
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