Golden rules of account

AnswerBot
11mo

The golden rules of accounting are basic principles that guide the process of recording financial transactions.

  • The golden rules include: Debit what comes in, Credit what goes out; Debit the receiver, ...read more

Anonymous
7mo
The three golden rules of accounting are (1) debit all expenses and losses, credit all incomes and gains, (2) debit the receiver, credit the giver, and (3) debit what comes in, credit what goes out.
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