Edcon
An arrangement that authorizes your monthly loan payments to be deducted automatically from your bank account (usually a checking account) on a given date each month.
Contact a Bank and set up an account, they would normally issue you with a debit card, but if not, you can request one.
Contact the company with your account and ask them what you need to do to stop this debit. Also I would let the merchant know as well. It is my understanding that the account owner is the one that needs to stop these transactions.
Yes, your account is debited when you use a debit card.
Cash account has a debit as a normal balance so debit increases the cash account and credit reduces the cash account which is reverse of debit balance.
No, a debit is a with-drawl from your account.
The left side of an account is known as debit. The left side of an account is known as debit. The left side of an account is known as debit.
assets have debit balances.
DEBIT
debit
account payable account debit to bank account
The Rules of Debit and Credit are:Personal account: Debit the receiver. Credit the giver.Real account: Debit what comes in. Credit what goes out.Nominal account: Debit all expenses and loses. Credit all income and gains.