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Rules of Accounting and the Difference Between a Debit and a Credit - 0 views

www.takshilalearning.com/e-between-a-debit-and-a-credit

RulesofAccounting cafoundationaccounting cafoundationclass DebitandCredit

shared by takshilalearn on 03 Jun 21 - No Cached
  • takshilalearn on 03 Jun 21
     
    Debits and credits (abbreviated "dr" and "cr") are unique accounting tools to elucidate the change during a specific account that's necessitated by a transaction. In other words, instead of saying that cash is "increased" or "decreased," it's said that cash is "debited" or "credited."
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