Golden rules of accounting?

AnswerBot
1y

Golden rules of accounting are basic principles to maintain financial records accurately.

  • Debit the receiver, credit the giver

  • Debit what comes in, credit what goes out

  • Debit all expenses and losses, cre...read more

khushboo craft and creations
2y

personal account, Real account , nominal account

Amit Mondal
3y

We have 3 golden rules in accounting.....

1. Personal Account: good will, bank etc

2. Real Account: land & building, machinery, cash etc

3. Nominal Account: All type of Expenses & Income

Anonymous
3y
We have 3 golden rules in accounting. 1)personal 2)real 3)nominal.
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