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What is the opposite word to debt?
creditThe opposite of debit is credit. A debit is something owed. A credit is something gained.
What is the opposite of refund?
Debit
What is the opposite of a credit?
Debit
Opposite of debit in a crossword puzzle?
Credit
What is Difference between cash receipts and cash payments?
the second word. here we differ these term by debit and credit when cash receipt then amount field is +ve as on debit and in cash payment it will be -ve as on credit and reverse for opposite .
A sentence for the word debit?
The debit card could be customized.
How do you use the word debit in a sentence?
There was a debit balance on his account.
Why does the dr stands for debit?
It stems from the word debtor which preceded the use of debit.
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.
Is interest expense decreased with a debit?
Interest expenses has debit balance as default normal balance so debit don’t decrease it rather increase it and to reduce it credit is required as it is opposite of it.
Latin word for debit?
Translating can be very hard at times, especially with the Latin language. The English word Debit, is translated as Datum.
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.
