What are the golden rules for accounting
AnswerBot
11mo
The golden rules of accounting are basic principles that guide the process of recording financial transactions.
The golden rules include: Debit the receiver, Credit the giver; Debit what comes in, Cred...read more
Anonymous
11mo
Personal account rule
Debit the receiver credit the giver
Nominal account rule
Debit all expenses and losses credit all incomes and gains
Real account rule
Debit what comes in credit what goes out
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