what is debit

Answer Posted / anuj

When a business transaction is made between two person or
between companies, then to whom the goods or services are
supplied is called the debtors. And this is called debit.

Is This Answer Correct ?    1 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

What will you find in P&L Account?

643


what is basepoint

1916


When was NABARD established?

768


what is the scope of rent securitisation

2038


Which organization controls the monetary policy of our country?

677






What is proprietary ratio?

624


Explain what is short sell in equity trading?

616


Expand CTS.

652


Explain secured loans and unsecured loans.

680


What are current liabilities and provisions?

641


Explain different types of insurance policies.

627


What do you know about Deflation?

666


How is beta calculated in capm?

617


What is 'recurring deposit account'?

658


What is 'alco'?

758