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1. Debits Must Equal Credits
2. Credit Must be greater than Debits
3. Debits Must be greater than credits
4. All statements are false
The correct answer is:1- Debits must equal Credits
1. Debits Must Equal Credits...............
1..>>>>>>>>>>>>> Debits Must Equal Credits
The correct option is1) Debits must equal credit
Without this fundamental principle an entry cannot be valid or passed
1. Debits Must Equal Credits ............................................................................
1.Debits must equal to Credits is right answer.....................................
1. Debits Must Equal Credits Which is Right
In double entry system both accounts of a transaction recorded and according to accounting rules Debit side always must be equal to Credit Side.
ans: 1. Debits Must Equal Credits
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