• Answer of this question

    What is golden rule
    Vishu Vishu's image
    Vishu Vishu

    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 


    Written on Feb. 1, 2018, 6:25 p.m.