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logic of words 'debit ' and 'credit'

 
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logic of words 'debit ' and 'credit'
zeeshan_909
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#1
07-08-2007, 07:37 PM
hello!

can anyone tell,why all the assets and expenses debited and all income,liabilities and capital are credited.

can we make all assets and expense credit and vice versa.

what are the literary meanings of 'debit' and 'credit'
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Messages In This Thread
logic of words 'debit ' and 'credit' - by zeeshan_909 - 07-08-2007, 07:37 PM
[No subject] - by shsaeed - 07-09-2007, 01:59 AM
[No subject] - by uvahidy - 07-10-2007, 03:48 PM
[No subject] - by Mahtab - 07-10-2007, 05:53 PM
[No subject] - by uvahidy - 07-11-2007, 12:01 AM

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