answersLogoWhite

0

The rules of account

Updated: 10/23/2022
User Avatar

Wiki User

9y ago

Best Answer

The Rules of Debit and Credit are:

  • Personal account: Debit the receiver. Credit the giver.
  • Real account: Debit what comes in. Credit what goes out.
  • Nominal account: Debit all expenses and loses. Credit all income and gains.
User Avatar

Wiki User

9y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: The rules of account
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What are three golden rules of accounting explain them in detail?

Real account personal account nominal account


How do you steel RuneScape account?

This is against the rules.


Can I have anyone's RuneScape account?

This is against the rules.


Does anyone have a runescape account that they can give myself?

Account giving is against Runescape rules.


Can anyone powerlevel your runescape account for free?

No. For a start, account sharing is against the rules.


Can you take money out of a savings account?

Yes, according to the banks rules and procedures where you have your account.


Where can one find rules regarding individual retirement accounts?

The rules of each individual retirement account do vary. It would be advisable for potential account holders to speak to banks individually to determine the best account for them.


What is diamond rules of account?

what are daimond rule of a/c,


What is three golden rules of accounting?

Account receivable


Does any one have a runescape account that I can have than send your Username and Password to haloking0697rocketmail.com?

Transferring accounts is against the RuneScape rules. Please create your own account, and level it up on your own.Transferring accounts is against the RuneScape rules. Please create your own account, and level it up on your own.Transferring accounts is against the RuneScape rules. Please create your own account, and level it up on your own.Transferring accounts is against the RuneScape rules. Please create your own account, and level it up on your own.


Trading a RuneScape account?

No one will give you a runescape account, besides it is against Jagex's rules and will lead to you and your account getting banned.


How do you get a free rs account?

Go to Runescape's homepage and register for an account, trading accounts is against the rules.