For hsc simple language what is asset liablities ,debit and cred
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Heya ☺
✴ Debit -- (a record of) money taken out of a bank account
✴ Asset -- A valuable or useful thing or person
✴ Liability -- The fact that someone is legally responsible for something
✴ Credit -- the ability of a customer to obtain goods or services before payment , based on the trust that payment will be made in future
✌✌ Hope this helps u!
✴ Debit -- (a record of) money taken out of a bank account
✴ Asset -- A valuable or useful thing or person
✴ Liability -- The fact that someone is legally responsible for something
✴ Credit -- the ability of a customer to obtain goods or services before payment , based on the trust that payment will be made in future
✌✌ Hope this helps u!
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