When you process a purchase of an asset, you debit assets and you credit the bank account. In other words, money is going out, not coming in.
Debit and credit?
In general if we pay someone we say the money has been debited from our account and vice versa for credit. I couldn't
Dumping the Onbudsman was the beginning of the downhill slide of the electrical Industry. They were highly competent and had the power to dictate to the
Sparks 19-Jan-25, 02:53 AMShould the farmer be so negligent to allow the wreck his kids ride around with on the farm have no breaks, he will be held liable, not under any SANS
Sparks 19-Jan-25, 02:48 AM
How to get SARS to investigate reported fraudulent activity.
I reported a case of tax evasion to SARS via their contactus@sars.gov.za email as the online facility is limited to a certain number of characters and
Macernet Yesterday, 05:58 PM