Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

In case of personal accounts the receiver is? A. Debit B. Credit C. Both D. Balance entered in voucher

user-image
Question added by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC
Date Posted: 2016/02/03
Syed Sadiq Ali syed
by Syed Sadiq Ali syed , Financial Accountant , AL AALI AL RAQI EST

Answer = B.

Debit is the Receiver.

Muhammad Mujtaba Shafique
by Muhammad Mujtaba Shafique , RJ , Dream Fm106

Credit is receiver and debit is from whom money has gone

More Questions Like This