define credit debit in accounts
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credit means your income in nominal account and debit means your expenditure in nominal account.
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Debit refers to the left side of an account and credit refers to the right side of an account. In the abbreviated form Dr . stands for debit and Cr. stands for credit. An item recorded on the debit side of an account is said to be debited to the account. An item recorded on the credit side of an account is said to be credited to the account. Both debit and credit may represent either increase or decrease depending upon the nature of an account.
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Debit refers to the left side of an account and credit refers to the right side of an account. In the abbreviated form Dr . stands for debit and Cr. stands for credit. An item recorded on the debit side of an account is said to be debited to the account. An item recorded on the credit side of an account is said to be credited to the account. Both debit and credit may represent either increase or decrease depending upon the nature of an account.
hope it helps✌
Anonymous:
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u only said u want to ask question ...what u want to ask?
work can be defined as exertion of force for producing the results or outcome..
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