Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

simple meaning of debit and credit...?



Answer Posted / babhu kanchupalli

Debit: Receiving aspect in a transaction.

Credit : Giving aspect in a transaction.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

were you happy with the grades you achieved at a-level?

1111


what is the right process for input credit of Service tax. and on which service i can take credit.

1863


What is peach tree accounting?

1136


wat is mass allocation and when it is used

2060


How we will dabit profit & Loss a/c in tally because profit & Loss a/c is tally generated a/c. we have to make provision for tax.

12547


AL+w button lanunches the .............. installed web brower

2143


what is the entry for toll gate fee

8125


Tell us why did you select accounting as your profession?

1119


What is partnership accounting?

1139


what is t code of journal voucher report with amount?

2280


What do you mean by ledger posting?

1123


Why company issue shares at discount as its a loss ?

3106


Why did you choose the a-levels you did?

1111


What are mis reports and do you prepare it?

1130


Unrealised profit will be debited to ?

1967