Debit

What is it? In accounting, an entry on the left-hand side of an account recording which amounts are recorded in a double entry system of bookkeeping. A charge to a customers access account or deposit account.

Added By: Amelia

Send To Friends!

If you'd like to send the Debit definition to yourself or to your friends/colleagues, just enter the e-mail addresses in the boxes below -

We hope you now understand the meaning of Debit. If you need any more information on this term, please don't hesitate to contact us.