Query
SACHIN KHETAWAT (Student) (349 Points)
26 October 2013
Any one can tell me
what is the meaning of DEBIT AND CREDIT
Sreeniketh Angara
(B. Com CA PCC CS Executive)
(699 Points)
Replied 26 October 2013
As far as i know there is no specific definition for the question asked which has baffled many people since times immemorial. However debit and credit are understood to be means of entering a transaction into the account ledger in double entry system of book keeping.
Keep rocking
Sreeniketh
SACHIN KHETAWAT
(Student)
(349 Points)
Replied 26 October 2013
CAclubindia
