Answers

  • Brainly User
2016-03-30T12:39:15+05:30
Debit is what you pay and Credit is what somebody else pays for you. A Debit card will charge your bank account directly. A Credit card will charge your bank account some time later. In both cases the shop owner has the money available directly. Hope I helped u.. Plzz mark as the BRAINLIEST answer..
1 5 1
2016-03-30T16:30:57+05:30
Key Differences Between Debit and Credit
Debit refers to the left side of the ledger account, while credit refers to the right side of the ledger account.
For personal account – debit the receiver and credit the giver.
For real account – Debit what comes in and Credit what goes out.
For nominal account – Debit is done for all expenses and losses, while Credit is done for all incomes and gains.
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