Rules of Debit and Credit

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Across
  1. 3. In Revenue account, credit the -------.
  2. 7. Nominal accounts are related to all the ________ and expenses.
  3. 8. Under modern approach all accounts are classified under ----- Categories.
  4. 10. All the assets such as machinery and goodwill comes under ------- account.
  5. 11. Accordingbto traditional approach, debtors, creditors and drawings accounts falls under _______ accounts.
Down
  1. 1. In capital account, debit the --------.
  2. 2. Accounts can be classified in two ways Traditional approach and ________ approach.
  3. 4. According to traditional approach accounts can be classfied into personal, real and ______ accounts.
  4. 5. According to the traditional approach, "Debit the _______, Credit the giver."
  5. 6. ______ = Liabilities + Capital
  6. 9. Bills payable is a ----------.