Golden principle of aacoounting
AnswerBot
1y
The golden principle of accounting is the principle of double entry.
The principle of double entry states that for every debit entry, there must be a corresponding credit entry of equal amount.
This pri...read more
Anonymous
4y
Debit the receiver.credit the giver. Debit what comes in. Credit what goes out. Debit all expenses losses. Credit all income and gains.
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