what is te difference between debit and credit
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Hi
Your answer is
Debit is an accounting entry that either increases an assets or expense account or decrease s a liability or equity account .it is positioned at left in an accounting entry..
Credit is an accounting entry that either increaseing liability or equity account or decrease an assets or expense account..
Hope it helpful.
Your answer is
Debit is an accounting entry that either increases an assets or expense account or decrease s a liability or equity account .it is positioned at left in an accounting entry..
Credit is an accounting entry that either increaseing liability or equity account or decrease an assets or expense account..
Hope it helpful.
Answered by
1
we use debit card when they give us money, they debit our account.
we use credit card where the money comes from when a customers make a purchase.
we use credit card where the money comes from when a customers make a purchase.
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