Civil Services UPSC EPFO (EO/AO) Mock Test 2023 Accountancy

Accounting rule for personal account is

1

Debit The Receiver Credit The Giver

2

Debit The Giver Credit The Receiver

3

Debit All Losses and Expenses & Credit All Incomes and gains

4

Debit All Incomes and gains & Credit Losses and Expenses

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