Meaning of Debit in Accounting | Simple & Clear Explanation ➕📘
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Meaning of Debit in Accounting | Simple & Clear Explanation ➕📘
What does Debit mean in accounting? 🤔📘 Debit (Dr) is an entry made on the left side of an account. It represents increase in assets and expenses and decrease in liabilities, capital, and income. 💼📊 Debits are a core part of the double-entry system, where every transaction affects at least two accounts. From Cash Account to Purchases ...
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