Please give me exact Definition of Debit / Credit

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Please give me exact Definition of Debit / Credit

samis899
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02-17-2010, 11:25 PM

The term debit comes from Middle French debet from Latin debilitum "that which is owed" (the neuter past participle of debere "to owe"). The term credit comes from the Latin creditum meaning "that which is entrusted or loaned" from the past participle of credere "to trust or entrust".

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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