Left hand side of an account is called _______ side.
A
credit
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B
debit
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C
middle
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D
centre
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Solution
The correct option is D debit In double entry accounting, every transaction affects and is recorded in at least two accounts.
When recording each transaction, the total amount debited must be equal to the total amount credited.
In accounting, the terms debit and credit indicate whether the transactions are to be recorded on the left hand side or right hand side of the account.
Left hand side of an account is called as debit side and right hand side is known as credit side.