My name is Prasanth KR. i'm an B.com Graduate. And Here i share some basic Commercials Topics...
My name is Prasanth KR. i'm an B.com Graduate. And Here i share some basic Commercials Topics...
REAL ACCOUNT
+ Debit what comes into business.
+ Credit what goes out from the business.
PERSONAL ACCOUNT
+ Debit the receiver.
+ Credit the giver.
NOMINAL ACCOUNT
+ Debit the expense or loss of the business.
+ Credit the income or gain of the business.
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