Query

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Any one can tell me what is the meaning of DEBIT AND CREDIT
Replies (2)

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. 

 

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Sreeniketh

Sreeniketh ji i am not asking the defination i am asking the meaning only as i know..many peoples dnt knw its correct meaning.. I m just wanna to know how many knew the same


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