what is debit

Answer Posted / ramakrishna

According to the accounting terminology the term debit
tells about the receivig aspect of the transaction.

Is This Answer Correct ?    2 Yes 0 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

Give one point of difference between debit card and the credit card?

599


What is Crisil?

711


Do you know the difference between shares and debentures?

620


Tell something about bank regulation act?

618


Tell about GST and its pros and cons?

615






What do you think is going to happen with interest rates over the next six months?

621


What is 'custom duty'?

630


What is Call money market?

743


I would want to know detailed information on derivatives Could please help me

1689


what is cbt in bank explain it???

2411


Can Share Holders Transfer Their Shares of Joint Stock Company?

668


What Is Swift?

706


What is CRR and SLR?

637


How Do You Report A Write-down In Inventory?

611


what is the difference between apr and interest rate?

577