credited
It is your checking account , but it is debited, not credited.
It is a debit and taken out of your account.
debited
Commission received is credited and cash is debited
credit
credited
credited
It is your checking account , but it is debited, not credited.
deposited money is credited to your concern bank account
It is a debit and taken out of your account.
debited
Commission received is credited and cash is debited
Debit Loan account 2000 Credit Wages account2000
When an employee receives an advance on pay an asset account called employee advances is debited and the cash paid out is credited. When the advance is repaid then the applicable expense accounts are debited and the advance account is credited.
When the money for the loan is received it is recorded as cash. Payments are not recorded until the actual payments are sent out. This will be recorded as a debit to a loan expense account and credited directly to cash. The interest is debited directly to an interest expense account and credited directly to cash for the same payment. A compound entry can be used for this purpose. There is no loan payable or interest payable accounts for cash basis accounting.
It means that Chase reversed an adjustment that they previous debited or credited to your account.