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(Querist)
30 January 2009 what is thebesic rules of accounting
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CA. B.SRINIVASULU

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CA. B.SRINIVASULU (Expert)
31 January 2009 Basic rules of accounting.

Personal Account : Debit the receiver
Credit the giver

Real Account : Debit what comes in
Credit what goes out

Nominal Account : Debit all expenses and
losses
Credit all incomes and gains
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