أنشئ حسابًا أو سجّل الدخول للانضمام إلى مجتمعك المهني.
Debit and credit are the two components of the journal entry which reflect a transaction in an accounting way. Debit and credit have rules to be followed such as:
increase in assets is debit, decrease in assets is credit
increase in expense is debit , decrease is credit
increase in liabilities and owners equity is credit and decrease is debit