Pictorial Diagram Of Classification of Accounts

December 10th, 2010 Comments off
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Pictorial Diagram of Classification of Accounts with double entry rule (below)

DOUBLE ENTRY RULE:

ACCOUNTS DEBIT CREDIT
Personal accounts Receiver Giver
Real accounts What comes In What goes Out
Nominal accounts All expenses All incomes

Read more details on personal and impersonal accounts

Read more details on real and nominal accounts

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Financial Accounting

 
 

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