Simple Credit Journal Entries
Credit transaction means any transaction by the terms of which the payment for business transaction is to be made at a future date. For...
Simple Journal Entries
Journal Entry In the age of manual accounting system, business transactions are first noted in a Journal Book. The journal entries are punched in...
Thumb Rule for DEBIT CREDIT
Firstly, you need to identify number of accounts involve in the particular transaction. After identifying account involve in business transaction, you must debit one...
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