what is the debit what is the credit
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debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. ...
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.
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An amount of money withdraw from bank is called debit...
An amount of money deposited in the bank is called credit..
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