What is golden rule of accountancy?

Real Account is an account of Assets and Liabilities. 

Debit  what comes in

Credit what goes out

Nominal Account is an account of incomes or expenses.

Debit   all expenses and losses

Credit  all incomes and gains

Personal account is an account for individuals, firms, companies.

Debit  the receiver 

Credit  the giver

PERSONAL A/C = DEBIT THE RECEIVER CREDIT THE GIVER, REAL A/C = DEBIT WHAT COMES IN CREDIT WHAT GOES OUT, NOMINAL A/C = DEBIT ALL EXPANSES AND LOSSES, CREDIT ALL INCOMES AND GAINS.

debit what comes in, credit what goes out

2. debit the receiver , credit the giver

1. debit what comes in, credit what goes out

2. debit the receiver , credit the giver

3.  debit all expenses credit all income