hi Professionals..DR and CR.......?

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hi Professionals..DR and CR.......?

Azeem Shah Khan
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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

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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 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