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Revenue
Dividends. Income Summary. Retained Earnings. Service Revenue.
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
debited
Prepaid Rent is debited.
Revenue
Dividends. Income Summary. Retained Earnings. Service Revenue.
I have had the account closed that the premiums were debited from & have not received anything from Farmers in regards to this policy when I inquired prior to the credit union closing.
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
debited
Prepaid Rent is debited.
Prepaid Rent is debited.
It is something that is entered into an account as a debt
ALL EXPENSE ACCOUNTS ARE CLOSED OUT AND AMOUNT ID DEBITED OR CREDITED INTO CAPITAL ACCOUNT TO SETUP BOOKS FOR BEGINNING OF NEXT FISCAL YEAR.
NO.
Debited.
It is your checking account , but it is debited, not credited.