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5. Why are the rules of debit &credit same for both liability & capital.?
Most Upvoted Answer
5. Why are the rules of debit &credit same for both liability & capita...
It is due to the business entity concept whereby business is treated as a separate entity from its owner
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5. Why are the rules of debit &credit same for both liability & capita...
Because in both the case being minus from business
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5. Why are the rules of debit &credit same for both liability & capital.?
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5. Why are the rules of debit &credit same for both liability & capital.? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about 5. Why are the rules of debit &credit same for both liability & capital.? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for 5. Why are the rules of debit &credit same for both liability & capital.?.
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