Home >  Term: debit
debit

An entry on the left side of a T account or double-entry balance sheet that typically increases asset or expense accounts and decreases liabilities, owners' equity, or income accounts.

0 0

Creator

  • Romain
  •  (V.I.P) 17515 points
  • 44.44% positive feedback
© 2024 CSOFT International, Ltd.