📊 Golden Rules of Accounting 📊 Whether you’re just starting out or brushing up on your basics, the Golden Rules of Accounting are essential for understanding financial transactions. Let’s break it down into simple terms! 👇 1️⃣ Personal Account: Debit the Receiver, Credit the Giver 💡 This rule applies to accounts related to individuals, firms, and companies. If someone receives something, you debit their account; if they give something, you credit it. 2️⃣ Real Account: Debit What Comes In, Cr

Accounting Principles Explained. The 7 Rules You MUST Know! #fbreelsfypシ゚viralシ #hilightseveryonefollowers #accountant #everyone #accounting | Accounting Knowledge Concepts