The accounting rule, "Debit all ___________, credit all gains & income" pertains to ____ accounts.

The accounting general rule for recording financial transactions of nominal accounts in double-entry bookkeeping is "Debit all losses & expenses, credit all gains  &  income."    Nominal accounts are temporary accounts, recording and keeping track of your profits, revenues, expenses, losses. Debiting losses  and  expenses  represents  an  increase  in  these accounts, reflecting the use of assets or incurring of liabilities, while crediting gains and income accounts represents an increase in owners' equity through earned revenue or financial gains. This method ensures accurate and balanced financial records.