Debit And Credit Definition – Accountants In Islamabad
July 19, 2022 ⚊ 1 Min read ⚊ Views 116 ⚊ BUSINESS
Transactions in business are any events that have an effect, measurable in monetary terms, on the financial statements of an organisation. In order to properly account for these transactions, we record the relevant values in two separate accounts, with the debit column located on the left and the credit column located on the right.
Tags: Credit Account, Debit Account, Debit and Credit
