0
In case of Assets debit is positive which means increase in assets as well as for liabilities debit means reduction in liabilities but for expenses it is negative as it increases the expenses and reduces the profit
Wiki User
∙ 9y ago
Wiki User
∙ 9y agoDebit is in the negative category
Add your answer:
Earn +20 pts
Is a bank overdraft debit or credit?
The answer will appear on the statement in re, meaning that it is a negative or credit value.
What is debit and credit in accounts?
Debit refers to the left side, and credit to the right side.Balance sheetFor example: A balance sheet has a left side (debit) including the assets and a right side (credit) showing the liabilities and equity. T-accountLikewise, a T-account (used to record transactions) has a debit side and a credit side. For some T-accounts the debit side means increases (and credit decreases), while for other T-accounts it is the reverse.
What is meant by debit balance of cash book?
Cash Account is a real account and also the asset of company and assets have normally debit balance according to basic accounting rules.So debit balance of cash means we have positive amount in cash account and will be shown as asset in balance sheet.But banks also provide overdraft facilities as well in this case we have normally credit balance of cash which means that we have negative balance in cash account and so it is liability of company to clear bank overdraft and make cash balance debit again.
Is The increase of AP on the statement of cash flow positive or negative?
positive as the cash flow
What does back item debit mean?
Basically it means that the previous transactions are being brought forward. This is how the explanation reads (in fine print): "When you next update your passbook, the first line that prints will be the net total of all transactions shown on the enclosed account recap. This total will appear as BIC (back item credit) or BID (back item debit) depending on whether the net amount is positive or negative."
Is a positive plus a negative make a positive or a negative?
Positive + Negative = Negative Negative + Negative = Positive Positive + Positive = Positive Negative + Positive = Negative
What is a negative - positive?
Negative * positive = negative Positive * positive = positive Negative * negative = positive
How is dividing integers similar to multiplying integers with the resulting sign?
The rules for the sign (positive or negative) of the result of a multiplication is the same as division. For multiplication: Positive * Positive --> Positive Positive * Negative --> Negative Negative * Positive --> Negative Negative * Negative --> Positive For division: Positive / Positive --> Positive Positive / Negative --> Negative Negative / Positive --> Negative Negative / Negative --> Positive
If a negative is divided by a positive is it negative?
Yes. Negative/negative = positive Postive/Positive = positive Negative/Positive - negative
When multiplying numbers what do you do with the positive and negative signs?
Negative * positive = negative Positive * positive = positive Negative * negative = positive
When you divided a negative number by a positive number witth the answer be positive or negative?
A negative divided by a positive is negative. A negative divided by a negative is positive. A positive divided by a positive is positive. A positive divided by a negative is negative.
Negative plus a positive?
Negatives and Positives Positive + Positive = Positive Negative + Negative = Positive Negative + Positive = Negative Positive + Negative = Negative
How are multiplying integers and dividing integers alike?
a negative x a negative= a positive, a positive x a positive= a positive, a negative x a positive= a negative, and a positive x a negative= a negative. Same thing with division. a negative divided by a negative= a positive, a positive divided by a positive= a positive, a negative divided by a positive= a negative, and a positive divided by a negative is a negative. U see?
What does a positive and a neagive equal?
positive and a positive is a positive negative and a negative is a positive to answer your question: positive and a negative is a negative.
What is a negative multiplied by a negative?
negative*negative=positive negative/positive=negative negative\negative=positve negative-positive=change the sign to a plus and then change the number after the sign and get your answer negative +positive=which ever numbr is bigger minus positive+positive=positive
Negative times a positive equals?
positive times negative equals negative. positive times positive equals positive. negative times negative equals positive
What are rules in dividing integers?
negative times negative = positive positive times positive = positive negative times positive = negative positive times negative = negative
