Golden rules of accounting
AnswerBot
1y
The golden rules of accounting are basic principles that guide the recording of financial transactions.
The first golden rule is the Personal Account rule, which states that debit the receiver and cred...read more
Mitika kaushal
2y
There are 3 golden rules of accounting -
01-Debit the receiver, Credit the giver. - For Personal A/c
02-Debit what comes in, Credit what goes out. - For Real A/c
03-Debit all the expenses and losses, ...read more
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