Double Entry Flashcards by Prerit Tare | Brainscape

Q

GOLDEN RULES FOR PERSONAL ACCOUNT

A

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Q

GOLDEN ENTRY FOR REAL ACCOUNT

A

DEBIT WHAT COMES IN
CREDIT WHAT GOES OUT

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Q

GOLDEN RULE FOR NOMINAL ACCOUNT

A

DEBIT ALL EXPENSES AND LOSSES
CREDIT ALL INCOMES AND GAINS

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