Accountancy Forum
  • Accountancy
  • Forum Home
  • Members
  • Team
  • Help
  • Search
  • Register
  • Login
  • Home
  • Members
  • Help
  • Search
Accountancy Forum General General Discussion v
« Previous 1 … 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 Next »
hi Professionals..DR and CR.......?

 
  • 0 Vote(s) - 0 Average
hi Professionals..DR and CR.......?
Azeem Shah Khan
Offline

Senior Member

Posts: 662
Threads: 17
Joined: Jun 2004
Reputation: 0
#2
10-21-2004, 08:18 PM
Definitions of Debit & Credit

DEBIT

The left column of the Ledger/Journal is called DEBIT.

CREDIT

The right column of the Ledger/Journal is called CREDIT.


I know in order to clear the distinction b/w the two, teachers often explain it by way of + and -. Although i dont agree with the concept but as long as it serves the purpose then its fine.

Regards

azeem


« Next Oldest | Next Newest »

Users browsing this thread: 1 Guest(s)



Messages In This Thread
hi Professionals..DR and CR.......? - by Ehrar_ACMA - 10-21-2004, 07:42 PM
[No subject] - by Azeem Shah Khan - 10-21-2004, 08:18 PM
[No subject] - by Apocalypse - 10-21-2004, 09:40 PM
[No subject] - by Ehrar_ACMA - 10-21-2004, 10:19 PM
[No subject] - by Ehrar_ACMA - 10-21-2004, 10:19 PM
[No subject] - by Ehrar_ACMA - 10-21-2004, 10:19 PM
[No subject] - by Azeem Shah Khan - 10-22-2004, 01:05 AM
[No subject] - by Azeem Shah Khan - 10-22-2004, 01:38 AM
[No subject] - by smraza - 10-22-2004, 02:04 AM
[No subject] - by Azeem Shah Khan - 10-22-2004, 02:19 AM
[No subject] - by XBRL - 10-22-2004, 03:53 AM
[No subject] - by Azeem Shah Khan - 10-22-2004, 04:26 AM
[No subject] - by Sarfaraz - 10-25-2004, 02:55 AM

  • View a Printable Version
  • Subscribe to this thread
Forum Jump:

© 2002-2024 Accountancy. Copyrights of all content on this web site are owned by Accountancy except where indicated in source or copyright statements. Accountancy must be contacted for permission to copy or redistribute any material published on this website.

Linear Mode
Threaded Mode