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WHAT IS THE DIFFERENCE IN CREDIT AND DEBIT PERSPECTIVE FROM A COMPANY/FIRM PERSPECTIVE AND INDIVIDUAL/ACCOUNT PERSPECTIVE

Mannawar H's Profile

Hi,

I am new to the financial accounting, can anyone please tell me the difference in terms of credit and debit from a company or firm perspective and individual account perspective.

Many thanks to all in advance!

Regards,
Mannawar

Answers

Topic Expert
Christie Jahn
Title: CFO
Company: Prime Investments & Development
(CFO, Prime Investments & Development) |

I'm not sure I understand the question and since no-one has replied I'm thinking that may be the reason. Are you asking what the difference is between a debit and a credit?

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