Answers

Question and Answer:

  Home  Transactional Accounts

⟩ Tell me what is debit, credit from the banks point of view?

Credit what comes in, Debit what goes out.

1)

For personal a/c

receiver dr

giver cr

2)

Real a/c

assets dr

cash or bank cr

3)

Nominal a/c

exp dr

cash or bank cr

 194 views

More Questions for you: