WebDefinition: A debit is an accounting term for an entry made on the left side of an account. Many times debit is abbreviated as Dr.The double entry accounting system is based on the concept that total debits always equal total credits. What Does Debit Mean in Accounting? A debit does not mean an increase or decrease in an account. WebNov 3, 2016 · DEBIT CARD A plastic card issued by a financial institution that allows access to ATMs and can be used to pay for items at stores or online. Funds are drawn directly from your checking account....
65 Synonyms & Antonyms of DEBIT - Merriam-Webster
WebForum discussions with the word (s) "debit" in the title: a debit posting to your customer sub-ledger account - financial Add value to a (debit) card - grammar Advice of Debit - financial all major credit and debit cards by direct debit Cancel a standing order/direct debit - financial Cash cards and debit cards. - financial WebApr 8, 2024 · debit in American English (ˈdɛbɪt ) noun 1. Accounting a. the left-hand side of an account, where entries are made showing an increase in assets, a decrease in liabilities, etc. b. such an entry c. the sum of such entries d. a sum deducted from one's bank account, as for a check 2. a disadvantage or shortcoming verb transitive 3. high vitamin c intake
debit - English-French Dictionary WordReference.com
WebOct 11, 2024 · A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry. In journal entries, a debit may be indicated with the abbreviation “dr.”. The reverse of a debit is a credit. In double entry accounting, the total amount of ... WebThe debit falls on the positive side of a balance sheet account, and on the negative side of a result item. In bookkeeping, a debit is an entry on the left side of a double-entry bookkeeping system that represents the addition of an asset or expense or the reduction to a liability or revenue. The opposite of a debit is a credit. Web1. An item of debt as recorded in an account. 2. The left-hand side of an account or accounting ledger where bookkeeping entries are made. 3. An entry of a sum in the left … how many episodes is in dragon ball