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. so Debit and credit represent two sides (columns) of an account (i.e., a Debit column and a Credit column). Debit (Dr.) involves making an entry on the left side and Credit (Cr.) involves making an entry on the right side.
debet.mn debet n (uncountable) (accounting) debit, due to the account holder by a third party Synonyms: saldo, tegoed Antonym: credit a debt, due to a third party