Match the following: A B (a) Real A/c is credited (i) for what is received (b) Personal
Question:
Match the following:
A B
(a) Real A/c is credited (i) for what is received
(b) Personal A/c is debited (ii) when something is going out
(c) Nominal A/c is credited (iii) When a person is the giver
(d) Real A/c is debited (iv) when there is a gain
(e) Personal A/c is credited (v) for expenses
(f) Nominal A/c is debited (vi) when a person is the receiver
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Related Book For
Financial Accounting For Hotels
ISBN: 9781259004940
1st Edition
Authors: Prasanna Kumar JP, Linda Nalini Danie, Mruthyunjaya V. Pagad
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