Rules of Account
1-PERSONAL ACCOUNTS
a- DEBIT THE RECEIVER
b- CREDIT THE GIVER
2-REAL ACCOUNTS
a- DEBIT WHAT COMES IN
b- CREDIT WHAT GOES OUT
3-NOMINAL ACCOUNTS
a- DEBIT ALL EXPENSES AND LOSSES
b- CREDIT ALL INCOMES AND REVENUES
1-PERSONAL ACCOUNTS
a- DEBIT THE RECEIVER
b- CREDIT THE GIVER
2-REAL ACCOUNTS
a- DEBIT WHAT COMES IN
b- CREDIT WHAT GOES OUT
3-NOMINAL ACCOUNTS
a- DEBIT ALL EXPENSES AND LOSSES
b- CREDIT ALL INCOMES AND REVENUES
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