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Sarah Connor

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4y ago

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Related Questions

What does debit mean on a gas bill?

On a bill a debit is a charge, while a payment is a credit.


Does debit on your british gas bill mean you owe them money?

Yes. Credit means that you have overpaid and they owe you money.


What does debit mean on your gas bill?

leave it alone, your insurance will take care of it. if you have insurance however! if you don't discuss with with the cashier.


Does debit on a bill mean they owe you or do you owe them?

you owe them :(


What does in debit mean on your gas bill?

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.


What does in credit mean on gas bill?

you dont have to pay


If you pay with a debit card will a bill be sent to you?

yes a bill will be sent to you


If gas accrual in Jan 15.00 Feb 15.00 and March 12.00 paid gas bill in march for Jan 25 What are your journal entries for Jan feb march including reversals of accruals accounts payable and payment?

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).


What type of expensis in debit?

if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.


What is the journal entry for bill of goods?

debit purchasescredit accounts payable


Your dad goes to the gas station fills up the car with gas and pays with his card and money for the gas shows up on the bill for the card he gets at the end of the month debit or credit?

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.


Does speedway gas station accept link debit cards?

No