Please give me exact Definition of Debit / Credit

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Please give me exact Definition of Debit / Credit

yasir_live
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02-17-2010, 08:49 PM

Debits represent increases in value of assets and expenses and decreases in income, liabilities and equity

Credits represent increases in liabilities, equity and income and decreases in assets and expenses

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Please give me exact Definition of Debit / Credit - by M.Shahi - 02-17-2010, 08:20 PM

[No subject] - by yasir_live - 02-17-2010, 08:49 PM

[No subject] - by Ali RAZA - 02-17-2010, 09:47 PM

[No subject] - by Dard - 02-17-2010, 11:21 PM

[No subject] - by samis899 - 02-17-2010, 11:25 PM

[No subject] - by M.Shahi - 02-18-2010, 05:41 PM

[No subject] - by Mahtab - 02-18-2010, 05:59 PM

[No subject] - by amahmood_satti - 02-18-2010, 06:14 PM

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