Accountancy, asked by taherkutub53, 6 months ago

debit always stands for decrease in amount and credit stands for increase amount. comment.​

Answers

Answered by sushil000pandey
0

Answer:

the debit will be dicresed by 2

Answered by rushikeshraut2442
0

Literally it means the same but on accounting terms debit means increase an asset or decrease a liability and credit means to increase a liability or decreases an asset.

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