It is a debit and taken out of your account.
debited
Commission received is credited and cash is debited
[Debit] Prepaid Insurance [Credit] Cash / bank
debit accrued expensescredit cash / bank
[Debit] Furniture [Credit] Cash / bank
deposited money is credited to your concern bank account
debited
Commission received is credited and cash is debited
[Debit] Prepaid Insurance [Credit] Cash / bank
debit accrued expensescredit cash / bank
It means that Chase reversed an adjustment that they previous debited or credited to your account.
[Debit] Furniture [Credit] Cash / bank
credited
credited
credit
All liabilities are credited and assets are debited so increase in liability will be credited and not debited.
Credit