|
| Total Answers and Comments: 6 |
Last Update: May 01, 2009 Asked by: sumedh |
|
| | |
|
Submitted by: radha
Personal accounts --> Debit the benefit receiver, credit the benefit giver
Real accounts --> Debit what comes in, credit what goes out
Nominal Accounts --> Debit all expenses and losses, credit all incomes and gains
Above answer was rated as good by the following members: Kooldude, kbhatta | Go To Top
|