Accountancy, asked by shubhangini6677, 5 months ago

which account is debit and which is credit in double entry system​

Answers

Answered by hkofficial654
2

Explanation:

The left-hand side is debit and right-hand side is credit. In a normally debited account, such as an asset account or an expense account, a debit increases the total quantity of money or financial value, and a credit decreases the amount or value.

Answered by anilshalli
2

Answer:

Explanation:

The left-hand side is debit and right-hand side is credit. In a normally debited account, such as an asset account or an expense account, a debit increases the total quantity of money or financial value, and a credit decreases the amount or value.

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