For every debit there will be an equal credit according to

Related MCQs

• Debit the receiver & credit the giver is _____ account.
• The rule debit all expenses and losses and credit all income and gains relates to
• The transferring of debit and credit items from journal to the respective accounts in the ledger is called as
• Debit the receiver credit the giver rule for
• Small items like, pencils, pens, files, etc. are written off within a year according to _____ concept.
• Business enterprise is separate from its owner according to _____ concept.