What is the difference between debit and credit - Accountancy - Accounting for Partnership Basic Concepts

Question

What is the difference between debit and credit

Rachna Puneet Mehta · Accepted Answer

Solution
Debit means left side of the account and credit means right side of
the account debit is abbreviated as Dr And credit is abbreviated as
Cr
for example
Cash A/c
Dr Cr

Particulars
Amount
Particulars
Amount

As you can see, left side is represented with Dr And right side is
represented with Cr