answersLogoWhite

0

Payment is it credit or debit?

Updated: 8/18/2019
User Avatar

Wiki User

14y ago

Best Answer

DEbit

User Avatar

Wiki User

14y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Payment is it credit or debit?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is the difference between a credit memorandum and a debit memorandum?

A Debit Memo is a over payment A Credit Memo is a over payment


What does debit mean on a gas bill?

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


What is the debit and credit in made a payment on accounts payable?

account payable account debit to bank account


Can i use a debit card as a credit card without your PIN at walmart?

Yes, when you swipe your card just select credit as form of payment and not debit


What is PayPal payment method?

About Payment Methods. PayPal allows you to make payments using a variety of methods including: PayPalbalance, bank account, PayPal branded debit and credit cards, PayPal Credit, debit card, and credit card.


What is the journal entry for down payment of cash?

[Debit] Down payment xxxx [Credit] cash xxxx


What is loans receivable?

The expected payment of a loan, it is an asset account. When you loan money you debit loans receivable and credit cash (both assets) When you receive the payment for the loan you debit cash and credit loans receivable.


What is the journal entry for Payment to builders for new building?

[Debit] Building account [Credit] Cash / bank


How do you recourd payment for vendors without bill?

Debit expense, credit cash.


What is journal entry for gratuity payment?

[Debit] Gratuity [Credit] Cash / bank


What are the three accounts and its principles?

1- Real Account = Debit what comes in, credit what goes out2- Personal Account = Debit the giver and credit the reciever3- Nominal Account = Debit all expenses and payment and credit all incomes.


Does Equity Apartments accept credit cards for payment of rent?

Yes they accept credit card / debit as well.