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WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT

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WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT..

Answer / dhanraj kushwaha

there are opposite defference between debit n credit.
1:-We are debited to this item like-Exps.
2:-We are credited to this item like Income.

Is This Answer Correct ?    5 Yes 0 No

WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT..

Answer / ankit

THIS IS OPPOSITE DIFFERENCE BETWEEN DEBIT (DR) AND CREDIT (CR)
DR- ALL EXPENSES ARE DEBITED IN DR SIDE.
CR- ALL INCOMES ARE CREDITED IN CR SIDE.

Is This Answer Correct ?    2 Yes 0 No

WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT..

Answer / sunilchand

there is no difference between them because they are like
eyes for a man to satisfy the matching concept.

Is This Answer Correct ?    4 Yes 5 No

WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT..

Answer / kishor bawane

there is defference beetween just like plus(+) and Minuse(-
). Debit balance is uor income and Credit Balance is our
Exp.

Is This Answer Correct ?    3 Yes 4 No

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