Debits And Credits In Definition – Accountants In Croydon

October 6, 2022 ⚊ 1 Min read ⚊ Views 80 ⚊ BLOG

Business transactions are events that have a monetary impact on an organization’s financial statements. We record numbers in two accounts, with the debit column on the left and the credit column on the right, when accounting for these transactions.

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Tags: Debits Accounts, Debits and Credits