Question
According to our rules of debits and credits, an increase to an asset (such as our cash account) is a DEBIT and a decrease to
According to our rules of debits and credits, an increase to an asset (such as our cash account) is a DEBIT and a decrease to an asset is a CREDIT.Why then when we look at our bank statement is a deposit a Credit?and a withdrawal is a debit?Why does that seem backwards?
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International Law Cases And Commentary
Authors: Mark Janis, John Noyes, Leila Sadat
6th Edition
1642425869, 978-1642425864
