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nishant kumar


{ City } durgapur
< Country > india
* Profession * persuing bca
User No # 56183
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Total Answers Posted # 2

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Question { 6447 }

what is Debit?


Answer

Debit is basically the liabilities that are expenced by the
organisation.E.g:-Salary,Wages,Bad Debt,Bonus Intrest on
Loan etc.

Is This Answer Correct ?    1 Yes 5 No

Question { 10071 }

what is Credit?


Answer

In the marketing point of wiew Basically credit means the
various accets from which the organisation gets some
income.For Example:-Gross Profit,Sales, Discount recieve
etc.

Is This Answer Correct ?    9 Yes 5 No