It is something that is entered into an account as a debt
debited
debited
Prepaid Rent is debited.
Prepaid Rent is debited.
Prepaid Rent is debited.
Prepaid Rent is debited.
Commission received is credited and cash is debited
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
When a transaction is debited to your account, it means that the amount of money has been taken out or deducted from your account.
All liabilities are credited and assets are debited so increase in liability will be credited and not debited.
an asset, which is debited!
credit