ERP Internals/Glossary/Credit
< ERP Internals | Glossary
1) A invoice that has terms other than cash.
2) A credit decreases an asset account and increases liability and equity accounts. Contrast with Debit. See Accounting Equation.
1) A invoice that has terms other than cash.
2) A credit decreases an asset account and increases liability and equity accounts. Contrast with Debit. See Accounting Equation.