Accountancy, asked by harmansadhu012, 7 months ago

What are the two sides of an account called.​

Answers

Answered by Vruttika01
3

Answer:

Double-entry bookkeeping, in accounting, is a system of bookkeeping so named because every entry to an account requires a corresponding and opposite entry to a different account. The double-entry has two equal and corresponding sides known as debit and credit. The left-hand side is debit and right-hand side is credit.

Explanation:

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Answered by kaivalya25
1

Answer:

credit(it means taking) and debit(it means giving)

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