Good Evening to All,
What is debit and credit from the banks point of view ?
Awaiting for your kind replies.....
vijaya kumar n (JOB) (488 Points)
25 January 2011Good Evening to All,
What is debit and credit from the banks point of view ?
Awaiting for your kind replies.....
Chinmay
(Accounts Professional)
(356 Points)
Replied 25 January 2011
Hi Vijaya,
It is very simple,
Cash Account means
Dr. Side = Receipt
Cr. Side = Payment
Bank Account means
Dr. Side = Payment
Cr. Side = Receipt
Master GSTR-9 and 9C with India's First Unique Live Course with Live practical training
CAclubindia
