Match List I with List II and select the correct answer using the codes given below the lists. List I (Types of Accounts) X. Real account Y. Nominal Account Z. Personal Account List II (Principles) 1. Debit the receiver
CS CSEET · Business Economics & Fundamentals of Accounting and Auditing · PYQS · June 2013
Match List I with List II and select the correct answer using the codes given below the lists. List I (Types of Accounts) X. Real account Y. Nominal Account Z. Personal Account List II (Principles) 1. Debit the receiver credit the giver 2. Debit what comes in credit what goes out 3. Debit all expenses credit all gains Correct option is X Y Z
Answer & Explanation:
Correct Answer: Option (C)
Correct answer: (C) 231.
Topics: Fundamentals of Accounting
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