Golgappa.net | Golgappa.org | BagIndia.net | BodyIndia.Com | CabIndia.net | CarsBikes.net | CarsBikes.org | CashIndia.net | ConsumerIndia.net | CookingIndia.net | DataIndia.net | DealIndia.net | EmailIndia.net | FirstTablet.com | FirstTourist.com | ForsaleIndia.net | IndiaBody.Com | IndiaCab.net | IndiaCash.net | IndiaModel.net | KidForum.net | OfficeIndia.net | PaysIndia.com | RestaurantIndia.net | RestaurantsIndia.net | SaleForum.net | SellForum.net | SoldIndia.com | StarIndia.net | TomatoCab.com | TomatoCabs.com | TownIndia.com
Interested to Buy Any Domain ? << Click Here >> for more details...

what is the exact meaning of debit and credit

Answer Posted / farhan

Debit what ever comes in and all those things that goes out is credited in accounting terms

Is This Answer Correct ?    4 Yes 11 No



Post New Answer       View All Answers


Please Help Members By Posting Answers For Below Questions

SOUTH ATLANTIC OIL AND GAS INC.is a fraud company

2131


How to answer for the question, tell me about ur project? I mean in which format can i say?

2116


cash sales and credit sales both are asset or liability?

1495


service tax form no ? What is CC Limit ? What is branch accounts?

2263


while passing a journal entry we rite dr. for the a/c to be debited but why don't we write cr. for the a/c which is credited and instead write 'TO'??

2168


Name the Accounting Concepts

2177


Expand CASA

2091


i want to sit for the written examination held by govt. sector like coal india, ongc for the post of accountant .. qualification ca inter.. plz any1 of u let me know on wht subjects the questions are asked and wht types of questions are asked... plz let me know.. plz

1933


All Accounting Question Related Send Me ..

2227


how to maintain stock if any entry mismatch pllzz tell me short cut

1574


Expand-------BANT

2274


HOW TO PASTE MORE THAN 8 PO'S (PURCHASE ORDER) IN MM posting?

2066


Expand ________FIPB

2157


explain about mergers & aquisitions? asked on 30/7/09

2175


Apportion Nett profit of rs 325600 among the partners A,B,C and D as per sharing ratios of 26%,13%,32% and the balance to D.Pass journal entry

1958