As per the golden rules of accounting, in “Personal account” Debit means
A. Giver
B. What goes out
C. Incomes & Gains
D. Receiver
Answer:D
As per the golden rules of accounting, in “Personal account” Debit means
A. Giver B. What goes out C. Incomes & Gains D. Receiver
Explanation: Personal account, Dr – The Receiver, and Cr – The giver