We know Types of Account are
1. Personal Account
2. Real Account
We can remember the principle of Accounting as follows
1. Personal - Doctor Right(DR) Debit the Receiver - Captain Gomez (CG) Credit the Giver
2. Real - Door - In -DI ( Debit What Comes In) Come Out- CO (Credit What Goes Out)
3.Nominal - DEL (Debit All Expenses and Losses, We can remember the Brand DELL) CIG (Credit All Incomes and Gains - We can remember that it is not to DIG something, but to CIG.