Basics of Accounting

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)
Quick Summary
This discussion explains the fundamental concepts of 'To' and 'By' in accounting ledgers and final accounts. 'To' is used when posting to the debit side of an account, while 'By' signifies an entry on the credit side. Although these words don't have intrinsic meaning, they are crucial conventions for indicating debit and credit transactions.

'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

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 03 October 2026
Accountant

A P Lodha and Associates

Jalna

B.Com

View Details
Company
10 October 2026
Accounts Associate Level 1

Abic and Mani Chartered Accountants

Kottayam

B.Com

View Details
Company
19 September 2026
Finance Manager

Mugdha Art Studio

Hyderabad

CA

View Details
Company
ARTICLESHIP 08 October 2026
ARTICLE TRAINEE

S.B.G. & CO. CHARTERED ACCOUNTANTS

New Delhi

CA Inter

View Details
Company
12 October 2026
AUDIT , ACCOUNTS AND TAXATION

KDSS

New Delhi

B.Com

View Details
Company
14 October 2026
Asst. Manager/Dy Manager (Costing)

manufacturing

Pune

CMA

View Details
Company
ARTICLESHIP 28 September 2026
Junior Accountant

J S P M & Associates LLP

Pune

B.Com

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details