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Basic Level Doubts

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what is mean by "TO" and "BY" in Accounting


if I purchase 1000 Rs worth goods how I have to account to my party having usage of To and by??

and also plse tell for sales entry with To and By concepts

please explain me the fundamentals the to & by an accounting
Replies (3)
For the purpose of Purchase:
Purchase A/c (Dr. or By) 1,000
To Creditor/Cash/Bank A/c. 1,000

In simple words, By denotes Dr and To denotes Cr
Agreed with radhey
By used for - By Debiting the account
To used for - To crediting the account .


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