golden rules of accounting
real account -- debit what comes in and credit what goes out.
nominal account - debit all expenses and losses and credit all revenue and profits.
personal - debit the reciever and credit the giver.
golden rules of accounting
real account -- debit what comes in and credit what goes out.
nominal account - debit all expenses and losses and credit all revenue and profits.
personal - debit the reciever and credit the giver.