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Difference between Credit And Debit in Accounting | Register To Post |
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| htaruli | Posted on: 2005/8/13 16:27 |
Just popping in   Joined: 2005/7/22 From: Posts: 5 |
Difference between Credit And Debit in Accounting Can someone please explain to me how to distinguish credit and debit in accounting terms?
As I'm very confused about using figures in the general journal. Thank you |
| Van | Posted on: 2005/8/24 16:10 |
Just popping in Joined: 2005/8/23 From: Posts: 9 |
Re: Difference between Credit And Debit in Accounting LOL
assetts = liabilities + equities Cr (Credit) = Dr (Debit) for instance Credit i.e Income Debit i.e expenses |
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