It sounds like one of the basics of accounting or bookkeeping procedure. Keeping track of incomes and spending of a business establishment or company is vital to make the accounting process fluent. Description of debit credit in excel templates Accounting department plays a vital role in almost all fields of life when it comes to track incomes and expenses of a business establishment or company to find out actual figure of profit generated or loss occurred and debit credit or general ledger is the basic accounting tool to keep track of all financial transactions of the company in an organized way to prepare further financial statements and reports for financial reporting process. This web page has debit credit in excel template for you that can work well for you when managing accounts for a business organization or for personal use.
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