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"To be debited" refers to the process of deducting an amount from an account, typically in banking or accounting contexts. When a transaction occurs, such as a purchase or withdrawal, the specified amount is subtracted from the account balance. This action is recorded in the account's ledger as a debit entry, reflecting a decrease in assets or funds available.
What else can I help you with?
Is Direct Labor credited or debited?
debited
When the seller is paid the customer's account is.credited or debited?
debited
What is a uncredited check?
these are the cheques that has been presented to the bank but still they are under process by the bank. The customer account has been debited already.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November it is debited to accounts?
Prepaid Rent is debited.
What does it mean when a transaction is debited to your account?
When a transaction is debited to your account, it means that the amount of money has been taken out or deducted from your account.
What means of we have charged your card?
Amount has been debited from the Card .
Can you explain what it means when your account is debited?
When your account is debited, it means that money has been taken out of your account. This could be due to a purchase, a withdrawal, or a fee being charged.
Is Direct Labor credited or debited?
debited
When the seller is paid the customer's account is.credited or debited?
debited
What is a uncredited check?
these are the cheques that has been presented to the bank but still they are under process by the bank. The customer account has been debited already.
When December rent is paid in November to which account is it debited?
Prepaid Rent is debited.
When December rent is paid in November which accounts is it debited?
Prepaid Rent is debited.
When December rent is paid in November it is debited to accounts?
Prepaid Rent is debited.
When December rent is paid in November which account is debited?
Prepaid Rent is debited.
Is commission received debited or credited in the cashbook?
Commission received is credited and cash is debited
Is debited a deduction?
yes debited is a deduction from the account as it only taked whats int your account out if you have enough
