Asked in Genpact and 42 others
What are the three golden rules of accounting?
AnswerBot
2mo
The 3 Golden Rules of Accounting guide the recording of financial transactions, ensuring accuracy and consistency.
Debit the receiver, credit the giver: When a transaction occurs, the account receiving...read more
Anonymous
9mo
The golden rule of account &debit rule known andSugest in your custumer
Biswarup Moshat
10mo
Debit the receiver, credit the giver: This rule applies to personal accounts. The person who receives something is the receiver and is debited, while the person who gives something is the giver and is...read more
Anonymous
1y
The golden rule of account. 1. Debit expenses and please credit 2. Debit the receiver credit the giver and 3. Debit WhatsApp come in credit what goes Out these rules are basis of double entry accounti...read more
upendra kashyap
1y
Golden rules of accounting:1. Debit the receiver and credit the giver.Debit what comes in and credit what goes out.Debit expenses and losses, credit income and gains....
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