[Solved] In accounting we know debit what comes in and credit what goes out [closed]
[ad_1] Definition of ‘Debit in Accounting’ An accounting entry that results in either an increase in assets or a decrease in liabilities on a company’s balance sheet or in your bank account. Definition of ‘Credit in Accounting’ An accounting entry that either decreases assets or increases liabilities and equity on the company’s balance sheet. On … Read more