Debit and Credit Explained | Accounting Basics
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Debit and Credit Explained | Accounting Basics
In this basic accounting lesson, we look at the double-entry accounting concept. We explain what Debits and Credits are and the accounts that are debit and those that are credited. We also show examples of accounts that will be debited and those that will be credited. We explain what and give examples of Assets, Equity, Liability, Income ...
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