Register now or log in to join your professional community.
The actual meaning of Dr /Cr of these word is...
1.Debit is increase in the value of Assets and Expenses and decrease in income, libilties and equity.
2.Credit is increase in libilities , equity and incomes and decrease in Asset and expenses.
@dasarathi thanks for the defination but my friend i mean the words it self what does mean of debit and credit.
