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A "debit" is an accounting entry which results in either an increase in assets or a decrease in liabilities in your bank account. It is most commonly used in the term "debit card" which is a card used to make debit (entries).
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∙ 12y ago
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What type of expensis in debit?
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
Does the word debit mean an increase?
Yes, in the Balance Sheet; Assets are on the Debit side of the ledger, a Debit increase occurs when there is a rise in asset values.
What mean DR on account statement?
debit
Does debit always mean an increase?
Incase of expenses and assets accounts debit means increase while for income and liabilities accounts debit means decrease.
What You Mean Showing Debit Balance in Sales?
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
What exactly does a visa debit card mean?
A debit card is a card from your bank, linked to your bank account. It can be used to pay for things and the money is drawn directly from your account. A Visa debit card is one with a Visa logo that can be accepted and run as a Visa credit card, but the money still comes directly from your account. It is a Debit Card on the VISA network.
What type of expensis in debit?
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
What does a 667 credit score mean?
I dont know what exactly 667 is but a credit score is rated on how good your credit/debit card use is, EG: your credit score is Good
What does debit mean on a gas bill?
On a bill a debit is a charge, while a payment is a credit.
What does instant merchant account mean exactly?
An instant merchant account is a specific type of account used by various businesses to carry out transactions or payments made by credit and debit cards.
Does the word debit mean an increase?
Yes, in the Balance Sheet; Assets are on the Debit side of the ledger, a Debit increase occurs when there is a rise in asset values.
What does in debit mean on gas bill?
Nothing
What mean DR on account statement?
debit
Does debit always mean an increase?
Incase of expenses and assets accounts debit means increase while for income and liabilities accounts debit means decrease.
What does funding reversal mean on a debit card?
what does visa reversal mean
What You Mean Showing Debit Balance in Sales?
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
What does DD mean on a bank statement?
Direct Debit
