What are accounting rules called?
Submitted by: AdministratorThe accounting rules are called the 'golden rules of accounting'
i.e.
Debit what comes in, and credit what goes out
Debit the receiver and credit the giver
Debit all expenses and loss and credit all incomes and gains.
Submitted by: Administrator
i.e.
Debit what comes in, and credit what goes out
Debit the receiver and credit the giver
Debit all expenses and loss and credit all incomes and gains.
Submitted by: Administrator
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