what is meant by debit and credit
- 22 Answers
- 39214 Views
- DELL, i Tech, IBM, Wipro, I also Faced
- E-Mail Answers
Answer Posted / rajesh kumar panigrahi
In the language of book -keeping ,debit means the left hand
side of a T-form account ,and credit means the right hand
side of the T-form account. There is no other meaning.When
we say debit what comes in , credit what goes out etc. etc.
we are only talking of the golden rules of accounting
| Is This Answer Correct ? | 17 Yes | 1 No |
Post New Answer View All Answers
what is the meaning of (PDD’s, DOD’s, CFR’s,) based on understanding of the business process
Pls Explain Accounting Standered 1,3,11,29
post pscwb question and answer for accounting paper I & II for govt.officers departmental examination.
a) What are the Golden Rules of Accounting? What are the 14 Principles of Accounting
What is the analytical way of accounting?
how to check which item is sold by the sundry debtors in tally?
SOUTH ATLANTIC OIL AND GAS INC.is a fraud company
difference betwwen the 4.6 & 4.7 ecc versions
We are a education institute based in chennai.if i purchase a product in chennai and i transfer it to our branch which is in bangalore. we don't have tin nos,Sales tax nos, cst nos. We have only service tax nos. what is the procedure.
Process of the settlement cycle?
what is the meaning of input vat & out put vat?
Expand---------PDCB
Which Exchange determine Foreign ?
Entrance Exam question & Answer required
difference between office expense and miscelleanous expense with some examples
