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Fill in the blank: Debit what comes in and credit what goes out is the rule of ______ account. - Book Keeping and Accountancy

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Fill in the Blanks

Fill in the blank:

Debit what comes in and credit what goes out is the rule of ______ account.

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Solution

Debit what comes in and credit what goes out is the rule of real account.

Concept: Classification of Accounts
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APPEARS IN

Balbharati Book-keeping and Accountancy 11th Standard HSC Maharashtra State Board
Chapter 2 Meaning and Fundamentals of Double Entry Book-Keeping
Exercises | Q 5. 8) | Page 41
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