03-31-2008, 12:08 AM
Hi Checkmated,
Debit Left column/side of a general ledger
Credit Right column/side of a general ledger
Thats it really, the other explanations our friends gave above are thr RULES OF DEBIT & CREDIT i.e. what goes in the right or left column.
Take my word for it, debit and credit do not mean more than this.
Kind regards
Azeem
Debit Left column/side of a general ledger
Credit Right column/side of a general ledger
Thats it really, the other explanations our friends gave above are thr RULES OF DEBIT & CREDIT i.e. what goes in the right or left column.
Take my word for it, debit and credit do not mean more than this.
Kind regards
Azeem