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DEBIT - Meaning & Translations | Collins English Dictionary
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Describe
debet means A debit is an accounting entry that either increases an asset or expense account, or decreases a liability or equity account. It is positioned to the left in an accounting entry, and is offset by one or more credits. It is used in a double entry accounting system. Credits..
debet soft What is a debit? In double-entry accounting, debits (dr) record all of the money flowing into an account. So, if your business were to take out a ,000 small business loan, the cash you receive from that loan would be recorded as a debit in your cash, or assets, account.
debet 2 The meaning of DEBIT is to enter upon the debit side of an account : charge with a debit. How to use debit in a sentence.