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Old Monday, January 10, 2011
Abu Baker Abu Baker is offline
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Question

thnx sir...
sir ye ans btye ga thk h kisi ne kaha h...
debit means which shows expenses and credit means which shows incomes aur expenses ka normal balance debit hota h incomes ka normal balance credit hota h... aur ye accounts par depend karta hai nominal account(debit all expenses and credit all incomes) personal account , real account (debit what comes in and credit what goes out)...
aur thora sa simple ans cramming k liye...
word AEDLIC means A:assets E:expenses D:drawings L:liability I:income C:capital
AED and LIC
D means debit when increases
C means credit when increases
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