Debit - Law Dictionary Search Results

Home Dictionary Name: debit

Debit

dr side of an account mostly used adjectively as the debit side of an account

by the electronic deduction of a sum of money a debit directly from the card holders bank account such cards do

debit the left hand page of a ledger to which all

entry to the bad debt expense account instead you would debit your company s allowance for bad debts account for the

company s adjusting entries would look something like this a debit to accounts receivable in the amount of 500 and a

a finance c a debit to an account esp a debit resulting from unexpected operating expenses a against earnings 4 a

order that the party whose accounts are audited may not debit his employer with payments not authorised if in either branch

account 1 a a record of debit and credit entries to cover transactions involving a particular item

decided is not collectable would look something like this a debit to your allowance for bad debts account in the amount

produced by such a transfer 2 the actual crediting or debiting of an account as in payment of a draft charged

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