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Forgot Password or Username? Deviant for 7 Years. Deviant since Jan 4, 2008. This is the place where you can personalize your profile! By moving, adding and personalizing widgets.
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What is Debit and Credit. Now let us understand two most used terms in Financial Statements. These are the most misunderstood accounting terms. If I ask you to give the understanding or definition of Debit and Credit everyone will have their own definition. Debit and Credit by itself has got no meaning. Similarly in football they have on-side, off-side, D-box, penalty shoot-out, Golden Goal. These terms by itself they have no meaning. However in relation to football it has meaning.
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