guys tell me the meaning of Debit and Credit
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debit the receiver (cash etc)
credit the giver
hope it's hlp u
credit the giver
hope it's hlp u
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HEYA!!!!!!!!
HERE IS THE ANSWER TO YOUR QUESTION.......
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry.
A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry.
HOPE IT HELPS.....
PLEASE MARK AS BRAINLIEST........
HERE IS THE ANSWER TO YOUR QUESTION.......
A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry.
A credit is an accounting entry that either increases a liability or equity account, or decreases an asset or expense account. It is positioned to the right in an accounting entry.
HOPE IT HELPS.....
PLEASE MARK AS BRAINLIEST........
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