Tag: Golden Rules Of Accounting

Classification of accounts and rules of debit and credit

Classification of accounts and rules of debit and credit

Types of Account Three golden rules of accounting Entry # Ramesh started Business with cash Cash                               Dr. Capital                            Cr. # Paid into bank Bank                              Dr. Cash                              Cr. # Bought Goods for Cash Purchase                        Dr. Cash                              Cr. # Drew Cash From Bank For Office Cash                              Dr. Bank                              Cr.

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