answersLogoWhite

0


Best Answer

Yes. Credit means that you have overpaid and they owe you money.

User Avatar

Wiki User

13y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Does debit on your british gas bill mean you owe them money?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does debit mean on a gas bill?

On a bill a debit is a charge, while a payment is a credit.


What does in debit mean on gas bill?

Nothing


Does debit on a bill mean they owe you or do you owe them?

you owe them :(


What is the primary difference between a credit card and debit card?

credit mean were you take money debit is what you give money


What is the primary difference between a credit card and a debit card?

credit mean were you take money debit is what you give money


What does it mean if you are in debit?

It means you have money. But if you're in DEBT, you owe money.


What does debit an account mean?

A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What does it mean to debit policies in the insurance industry?

to deduct money from the payable amount of the policy


What does it mean when an account is having a debit balance?

It means you owe money, you passed your limit.


What does D mean on a ATM statement?

D stands for Debit on an ATM statement. A Debit is a transaction wherein money is debited or withdrawn or taken out from your bank account. For Ex: You use your ATM card to withdraw money from an ATM, this transaction will be reflected as Debit in your account because you have taken money from your account.


What does debit and credit mean?

Debit is when they take from your bank. A credit is money paid into your account. But the other meaning of credit is the ability to borrow money. The more money you make and the more you use your credit and pay it off, the more credit you get.


What does debited mean?

In accounting debit is the left side of an account. It general terms it does not mean "charge" though that is what many people take it to mean since that is what it means to them. It is incorrect to say that debit means "charge". A debit card takes money directly out of your bank account. A credit card, however does not.