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1) What is mean by debit, credit
2) what is mean by purchase, sales
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Answer Posted / tweety
Debit:A debit is a bookkeeping entry that results in the
increase of an asset or a decrease in a liability or owners
equity.
Credit: it is a method of sale wherein the purchaser
promises to pay the money for the goods purchased r services
delivered....
| Is This Answer Correct ? | 4 Yes | 2 No |
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