DDA stands for Demand Deposit Account. It is your deposit account. A term used widely in payments industry
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The description H.O. MEMO DEBIT DDA is temporary and remains until the systems update. Upon completion of the update, between midnight and 7:30 a.m. ET, Monday through Friday, the correct transaction description will appear. Updates do not reflect over weekends or holidays.
Downtown Development Authority
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
Yes, in the Balance Sheet; Assets are on the Debit side of the ledger, a Debit increase occurs when there is a rise in asset values.
debit