Question

what is debit or credit in account ​

Answer 1

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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.

Answer 2

1. the debit and credit cards are very useful for human beings.
2. these cards are used for online transactions.
3. we can draw money on ATM's by using these cards.