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WHAT IS DIFFERNCE BETWEEN CREDIT & DEBIT
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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 |
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 |
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 |
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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