Interested to Buy Any Domain ? << Click Here >> for more details...
WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT
- 4 Answers
- 6882 Views
- I also Faced
- E-Mail Answers
Answers were Sorted based on User's Feedback
Answer / dhanraj kushwaha
there are opposite defference between debit n credit.
1:-We are debited to this item like-Exps.
2:-We are credited to this item like Income.
| Is This Answer Correct ? | 5 Yes | 0 No |
Answer / ankit
THIS IS OPPOSITE DIFFERENCE BETWEEN DEBIT (DR) AND CREDIT (CR)
DR- ALL EXPENSES ARE DEBITED IN DR SIDE.
CR- ALL INCOMES ARE CREDITED IN CR SIDE.
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sunilchand
there is no difference between them because they are like
eyes for a man to satisfy the matching concept.
| Is This Answer Correct ? | 4 Yes | 5 No |
Answer / kishor bawane
there is defference beetween just like plus(+) and Minuse(-
). Debit balance is uor income and Credit Balance is our
Exp.
| Is This Answer Correct ? | 3 Yes | 4 No |
What is Account receivable & Account payable ?
Is there any significance between Bank Reconciliation and Account Reconciliation in Accounts?
In tally software Alt+R ,Alt+u is used for?
How do you prepare a balance sheet from a trial balance?
what is the nagative good will?
What is the entry for Accumulated Depreciation??
under which head should be the p & l appropriation a/c should be opened in tally 9? and how to preapare and display it?
What is the entry to be made when any service tax is paid for any vehicle hired or any service used when tax is included in that bill
Calculation of Gross Profit Or Gross Loss give example?
difference between Reserve capital and capital reserve
what is consignment entry?
What do you mean by the term Accounts Payables/ Receivables?
Audit 
