What is the principle of nominal A/c? – McqOptions

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1.	What is the principle of nominal A/c?
A.	Debit what comes in, credit what goes out.
B.	Debit all expenses u0026 losses u0026 credit all incomes u0026 gains.
C.	Debit the receiver, credit the giver
D.	Debit all assets, credit all liabilities.
Answer» C. Debit the receiver, credit the giver

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