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1) What is mean by debit, credit
2) what is mean by purchase, sales
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Answer Posted / preman puthen purayil
Debit and Credit are the two aspects of a Transaction which
is like positive and negative signs. It indicates the effect
of a transaction and thus will give the final result of a
transaction in the Balance Sheet and P& L
| Is This Answer Correct ? | 6 Yes | 2 No |
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