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EveryTransactioninanybusiness,theremustbe

ledgeraccountsforrecordtransactiondetails.

ForEveryTransaction,thereareminimum2entries
forledgeraccounts,oneforDebit(Dr)andanother
forCredit(Cr).

Debit(Dr)meanswhatcomesin(ForParticularLedger
A/C).

Credit(Cr)meanswhatgoesout.

AllexpensesarecomesunderDebit(Dr).

AllIncomesarecomesunderCredit(Cr).

AllpurchasesarecomesintothepurchaseLedgera/c.

AllsalesareoutfromthesalesLedgerA/c.

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