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25 May, 10:39

What is credit and debit in accounting

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Answers (2)
  1. 25 May, 13:14
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    For a debit card the money comes from the account and for a credit card you are given a line of credit and pay a bill at the end of each month.
  2. 25 May, 14:37
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    When a consumer uses a debit card, the money comes directly from his checking account. When he uses a credit card, the purchase is charged to a line of credit for which he is billed later
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