Category: IC46 GENERAL INSURANCE ACCOUNTS PREPARATION – 28

Que. 1 : Q1) As per the golden rules of accounting, from the below, which one is applicable to personal accounts?    1.  a) Debit all expenses and losses and credit all incomes and gains    2.  b) Debit what comes in and credit what goes out    3.  c) Debit the receiver and credit the giver    4.  d) Debit what goes out […]