Golden rule of accounting
AnswerBot
7mo
The golden rule of accounting states that debit what comes in and credit what goes out.
Debit what comes in and credit what goes out
Assets = Liabilities + Equity
Revenue = Expenses + Net Income
preciouswhisper
1mo
currently not working
.Debit what comes in Credit what goes out
.Debit all expenses and losses Credit all incomes and gains
.Debit the reciver credit the giver
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