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Golden rule of accountancy

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Golden rule of accountancy

    • Posted by Ayush Dubey 8 years, 5 months ago

    CBSE > Class 11 > Accountancy
    • 1 answers

    Sakshi Jain 8 years, 5 months ago

    There are three golden rules :- Personal account- "Debit is the reciver and credit is the giver." Real account- "Debit whats come in and credit whats go out." Nominal account- "Debit is all expenses or loss and credit is all income or gain."

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