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It means you have money.
But if you're in DEBT, you owe money.
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∙ 12y ago
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What type of expensis in debit?
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
Does the word debit mean an increase?
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.
What mean DR on account statement?
debit
Does debit always mean an increase?
Incase of expenses and assets accounts debit means increase while for income and liabilities accounts debit means decrease.
What You Mean Showing Debit Balance in Sales?
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
What type of expensis in debit?
if you mean what type of expense is a debit, a debit is a liability, so therefore it is an expense.
What does debit mean on a gas bill?
On a bill a debit is a charge, while a payment is a credit.
Does the word debit mean an increase?
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.
What does in debit mean on gas bill?
Nothing
What mean DR on account statement?
debit
Does debit always mean an increase?
Incase of expenses and assets accounts debit means increase while for income and liabilities accounts debit means decrease.
What does funding reversal mean on a debit card?
what does visa reversal mean
What You Mean Showing Debit Balance in Sales?
sales generally have credit balance .debit balance of sales would mean that a firm is incurring loss on sales
What does debit mean in accounting terms?
take away from
What does DD mean on a bank statement?
Direct Debit
Does debit on a bill mean they owe you or do you owe them?
you owe them :(
What does DR mean in banking terminology?
Debit the receiver
