Question 69Asked in DSSSB TGT Computer Science (Technical), 12 Sep 2025, Shift 2 (1:00 PM)

In case of a Real Account, the general rule of accounting is:

ADebit what comes in and credit what goes out
BDebit the giver and credit the receiver
CDebit the receiver and credit the giver
DDebit expenses or losses, credit incomes or gains

Show answerHide answer

Correct answer: (A) Debit what comes in and credit what goes out

Explanation

Real accounts (assets) follow the rule: debit what comes in and credit what goes out. "Debit the receiver, credit the giver" is for personal accounts, and expenses/incomes is the rule for nominal accounts.

In case of a Real Account, the general rule of accounting is:

From DSSSB TGT Computer Science PYQ (Technical), 12 Sep 2025, Shift 2 (1:00 PM)