Basics of Accounting

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my dear friends ,in ledger account or final accounts the TO and BY concepts are very important know,

generally what is that TO and BY..
Replies (2)

'To' is used when accounts are posted in the debit side column of a particular account. 'By' is used when accounts are posted in the credit side column of a particular account. These words may not have meaning but are used to represent the debit and credit accounts.

Thank you Soo much


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