Golden rule of accounting? Journal Entry Debit notes and credit notes?
AnswerBot
1y
Golden rule of accounting is to debit the receiver and credit the giver.
Debit what comes in and credit what goes out
Debit the receiver and credit the giver
Debit expenses and losses, credit incomes and...read more
Anonymous
6mo
1.Debit all expenses and losses, credit all incomes and gains 2. Debit the receiver, credit the giver 3.Debit what comes in, credit what goes out. Dedit note is used : Sales Return Credit note is use...read more
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