20 February 2016
Golden Rule Help to Identify for Basis of Accounting The types of accounts viz. personal (Debit The Receiver, Credit The Giver) ,real (Debit What Comes In, Credit What Goes Out)l, nominal (Debit All Expenses And Losses, Credit All Incomes And Gains) , Principles of Golden Rule help to Pass Double Entry based on Identification. Golden rule help Identify what to Debit and Corresponding Credit based Rule.
CAclubindia
