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PERSONAL

REAL NOMINAL

PERSONAL ACCOUNT
DEBIT: the receiver
CREDIT: the giver

TYPES NATURAL PERSOANL A/C ARTIFICAL PERSONAL A/C REPRESENTATIVE PERSONAL A/C

REAL ACCOUNT
DEBIT: the what comes in
CREDIT: the what goes out

TYPES TANGIBLE INTANGIBLE

NOMINAL A/C
DEBIT:all expenses and losses
CREDIT: all gains and incomes

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