The terms debit and credit are often used in describing the effects of transactions on different accounts.
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The terms debit and credit are often used in describing the effects of transactions on different accounts. What do these terms mean?
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Normally in accounts terms Debit denotes left hand side of the account and Credit denotes right ...View the full answer
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
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