What is golden rule
Answers!
GOLDEN RULES
Real A/c : Debit what comes in
Credit what goes out
Personal A/c : Debit the receiver
Credit the giver
Nominal A/c : Debit exp.and losses
Credit all incomes and gains
Comment
GOLDEN RULES
Real A/c : Debit what comes in
Credit what goes out
Personal A/c : Debit the receiver
Credit the giver
Nominal A/c : Debit exp.and losses
Credit all incomes and gains
Answer the question...
GOLDEN RULES
Real A/c : Debit what comes in
Credit what goes out
Personal A/c : Debit the receiver
Credit the giver
Nominal A/c : Debit exp.and losses
Credit all incomes and gains
Comment
GOLDEN RULES
Real A/c : Debit what comes in
Credit what goes out
Personal A/c : Debit the receiver
Credit the giver
Nominal A/c : Debit exp.and losses
Credit all incomes and gains