Basics of Accounting
MPR sanjay Kumar (CA student) (216 Points)
20 February 2021generally what is that TO and BY..
MPR sanjay Kumar (CA student) (216 Points)
20 February 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3303 Points)
Replied 20 February 2021
'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.
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