Answer / jitu

if we record something on left side of any account is
called debiting and if on right side of any account is
called crediting in double entry book keeping every
transaction is having tro effect one is debit and another
is credit so it is called double entry accounting. matching
means to match we are matching our expenses with our income
and because of that we gets loss or profit.

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0 Answers  

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what is cash on account?

1 Answers   DuPont, Genpact,

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0 Answers   ADP,

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0 Answers   Northern Trust,

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Is the Bills payable is personal account ?

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What is cash profit

2 Answers   Capital IQ,

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