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a debit note is an entry recorded to debit an account
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∙ 12y ago
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What does debit mean in accounting terms?
take away from
What is Dr and Cr stnd for?
In accounting Dr stands for Debit Cr stands for credit the terms literally mean Debit (left side of the accounting equation) Credit (right side of the accounting equation)
Is advertizing a debit or credit?
In the terms of accounting - advertising would be a debit - since you would be paying someone to advertise your business.
What is rent and rates as in accounting terms?
Rent in accounting terms refers to a recurring expense that you plan for. Rate refers more to something that results in a debit on expense, but a credit on payables.
What are the accounting journal entries for payment in kind interest on a note?
debit interest in kindcredit notes payable
What does debit mean in accounting terms?
take away from
What is Dr and Cr stnd for?
In accounting Dr stands for Debit Cr stands for credit the terms literally mean Debit (left side of the accounting equation) Credit (right side of the accounting equation)
Is advertizing a debit or credit?
In the terms of accounting - advertising would be a debit - since you would be paying someone to advertise your business.
What is rent and rates as in accounting terms?
Rent in accounting terms refers to a recurring expense that you plan for. Rate refers more to something that results in a debit on expense, but a credit on payables.
What are the accounting journal entries for payment in kind interest on a note?
debit interest in kindcredit notes payable
Is a refund a debit or credit in accounting?
debit
What are the accounting journal entries to record the purchase of land on a note?
debit land accountcredit notes payable
What is the Dr.. in Accounting?
Dr in accounting is 'debit'.
What is the abbreviation for the word Debit in accounting?
Debit is seen as Dr in accounting. Credit is Cr. They stand for Debit Record and Credit Record.
What is the real meaning of credit and debit?
"Credit" and "Debit" are accounting terms. In short, a credit is an addition to the account in question while a debit is a withdrawl or transfer. Depending on the specific use of each there can be a bit more detail.
Meaning of credit and debit?
Credit and debit are terms used in accounting and bookkeeping. Debit is typically listed first on the left side and credit will be on the right side. The words have opposite meanings. Debit is receiving and credit is giving and in business accounts debit is what comes in and credit is what goes out.
What is the meaning of credit and debit?
Debit and credit are accounting terms for different columns. A "debit card" is different from a "credit card" in that when used, the former takes money directly from your bank account. Simply i can say debit what comes in,credit what goes out. i prefer virtual credit cards.
