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1.Explain the following in your own words a. Rules of Debit and Credit
b. Intangible Asset
c. Elements of Financial Statements
guys help me 50- 100 words
Brainliest kita kung good answer
1.Explain the following in your own words a. Rules of Debit and Credit
b. Intangible Asset
c. Elements of Financial Statements
guys help me 50- 100 words
Brainliest kita kung good answer
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Answer:What are the rules of debit and credit explain?
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Rules for Debit and Credit
First: Debit what comes in, Credit what goes out. Second: Debit all expenses and losses, Credit all incomes and gains. Third: Debit the receiver, Credit the giver.
Step-by-step explanation: