Match List-I with List-II and select the correct answer using the options given below the lists:
| List-I (Types of accounts) | List-II (Principles) |
| a. Real Accounts | 1. Debit the receiver credit the giver |
| b. Nominal Accounts | 2. Debit what comes in credit what goes out |
| c. Personal Accounts | 3. Debit all expenses credit all gains |
A. a-3, b-2, c-1
B. a-1, b-3, c-2
C. a-2, b-3, c-1
D. a-1, b-2, c-3
Answer: Option C
This Question Belongs to Commerce >> Accounting
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