Accounts golden rules
Mukhtyar ahmed
2y
Personal Accounts- Debit the receiver and credit the giver.
Real account - Debit what comes in and credit what goes out.
Nominal account- Debit all expenses and losses and credit all income and gain
...read moreHelp your peers!
Add answer anonymously...
Popular interview questions of Accounts Payable
Stay ahead in your career. Get AmbitionBox app
Helping over 1 Crore job seekers every month in choosing their right fit company
65 L+
Reviews
4 L+
Interviews
4 Cr+
Salaries
1 Cr+
Users/Month
Contribute to help millions
Get AmbitionBox app