Debits and credits are an integral part of the accounting system. They are the method used to record business transactions, and keep track of assets and liabilities. Anything that has a monetary value ...

Debits and credits are a fundamental concept in accounting, but they have different meanings when applied to balance sheet and income statement accounts. For the sake of this analysis, a credit is ...

Dr. G S Grewal, FCA, Ph.D, CAL(IIAM) conducted a seminar to highlight and explain introduction to accounting, basic accounting terms, journal (introduction), accounting rules for debit and credit, ...