As per the golden rules of accounting, in “Real account” Credit means
A. Receiver
B. Giver
C. What goes out
D. Incomes & Gains
Answer:C
As per the golden rules of accounting, in “Real account” Credit means
A. Receiver B. Giver C. What goes out D. Incomes & Gains
Explanation: As per the Golden Rules of Accounting, Real account credit means “What goes out” and Debit means “What comes in”