Nothing
On a bill a debit is a charge, while a payment is a credit.
Yes. Credit means that you have overpaid and they owe you money.
When the term "in debit" appears on your gas bill, it indicates that you owe money to the gas company. It means that your account has a negative balance, and you need to make a payment to bring it back to zero or positive. Failure to clear the debit balance may result in late fees or service disconnection.
you dont have to pay
When your dad goes to the gas station and fills is car with gas then pays with his card the money at the end of the month will be debited from his account.
On a bill a debit is a charge, while a payment is a credit.
Yes. Credit means that you have overpaid and they owe you money.
leave it alone, your insurance will take care of it. if you have insurance however! if you don't discuss with with the cashier.
you owe them :(
When the term "in debit" appears on your gas bill, it indicates that you owe money to the gas company. It means that your account has a negative balance, and you need to make a payment to bring it back to zero or positive. Failure to clear the debit balance may result in late fees or service disconnection.
you dont have to pay
yes a bill will be sent to you
Jan - Debit Utilities Expense $15 Credit Accrued Expenses $15, Jan accrual. Feb - Debit Utilities Expense $15 Credit Accrued Expenses $15, Feb Accrual March - Debit Utilities Expense $12 Credit Accrued Expenses $12, Mar Accrual Feb or March (when bill is received) - Debit Utilities Expense $25 Credit Accounts Payable $25, record gas bill. and Debit Accrued Expenses $15 Credit Utilities Expense $15, reverse Jan accrual. March - Debit Accounts Payable $25 Credit Cash $25, record Check #? (could be posted in Cash Disbursements Journal).
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
debit purchasescredit accounts payable
When your dad goes to the gas station and fills is car with gas then pays with his card the money at the end of the month will be debited from his account.
No