In case of personal accounts the receiver is? A. Debit B. Credit C. Both D. Balance entered in voucher

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What do you mean by accounts receivable and payment terms?
Posted by:
Nadia Ahmed Mohammed Saeed
29-August-2013

Accounting Tally

Question added by manseer muhammed ali , Accountant General , Royal Lighting L.L.C & Royal Furnishing LLC
Date Posted: 2016/02/03

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2 Answers

Syed Sadiq Ali syed

by Syed Sadiq Ali syed , Financial Accountant , AL AALI AL RAQI EST

Answer = B.

Debit is the Receiver.

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Muhammad Mujtaba Shafique

by Muhammad Mujtaba Shafique , RJ , Dream Fm106

Credit is receiver and debit is from whom money has gone

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