Question

Every debit has a corresponding credit. Discuss.

Answer 1

yes, it does because from the point of you of business, if there is debit for one person then there is a credit too.

for eg.

PURCHASED GOODS FROM KUNDAN RS 4500

HERE

FROM POINT OF YOU OF BUSINESS

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Kundans account is personal account he is a giver to business which means Credit .

Goods account is Real account ,business is getting goods which means goods are coming in so its a Debit

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HOPE IT HELPS . PLEASE MARK AS BRAINLIEST AND PLEASE FOLLOW BACK.