0
It simply can mean anything. If its a personal account it means I received something. If its a Real Account then that means that an asset has increased. etc etc etc....
Wiki User
∙ 14y ago
Add your answer:
Earn +20 pts
Is debited a deduction?
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
When the seller is paid the customer's account is.credited or debited?
debited
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When a comapany pays a bill the cash account WILL BE?
Debited.
Is debited a deduction?
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
When the seller is paid the customer's account is.credited or debited?
debited
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
What is debited?
It is something that is entered into an account as a debt
What does Adjustment reversal from Chase bank mean?
It means that Chase reversed an adjustment that they previous debited or credited to your account.
Can your bank account be debited without you being told?
NO.
When a comapany pays a bill the cash account WILL BE?
Debited.
What account is credited when a debit card is used to pay cash on account?
It is your checking account , but it is debited, not credited.
When a business makes a sale on account which account is debited in the accounting entry?
Cash book
Do debit cards debit your account?
Yes, your account is debited when you use a debit card.
Why bank account is debited when commission is received?
commission is an asset
