Bank Point of View

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Good Evening to All,

What is debit and credit from the banks point of view ?

 

Awaiting for your kind replies.....

Replies (1)

Hi Vijaya,

 

It is very simple,

 

Cash Account means 

Dr. Side = Receipt

Cr. Side = Payment

 

Bank Account means

Dr. Side = Payment

Cr. Side = Receipt


CCI Pro

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