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what is rule of debit and credit
? Related: How to Journalise?
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what is rule of debit and credit Related: How to Journalise??
Debit simply means left side; credit means right side.
ASSETS = LIABILITIES + EQUITY The accounting equation must always be in balance and the rules of debit and credit enforce this balance. In each business transaction we record, the total dollar amount of debits must equal the total dollar amount of credits.
ASSETS = LIABILITIES + EQUITY The accounting equation must always be in balance and the rules of debit and credit enforce this balance. In each business transaction we record, the total dollar amount of debits must equal the total dollar amount of credits.
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what is rule of debit and credit Related: How to Journalise??
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what is rule of debit and credit Related: How to Journalise?? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is rule of debit and credit Related: How to Journalise?? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is rule of debit and credit Related: How to Journalise??.
what is rule of debit and credit Related: How to Journalise?? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about what is rule of debit and credit Related: How to Journalise?? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for what is rule of debit and credit Related: How to Journalise??.
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