Definition of Debited. Meaning of Debited. Synonyms of Debited

Here you will find one or more explanations in English for the word Debited. Also in the bottom left of the page several parts of wikipedia pages related to the word Debited and, of course, Debited synonyms and on the right images related to the word Debited.

Definition of Debited

Debited
Debit Deb"it, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.] 1. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold. 2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.
Debit
Debit Deb"it, v. t. [imp. & p. p. Debited; p. pr. & vb. n. Debiting.] 1. To charge with debt; -- the opposite of, and correlative to, credit; as, to debit a purchaser for the goods sold. 2. (Bookkeeping) To enter on the debtor (Dr.) side of an account; as, to debit the amount of goods sold.

Meaning of Debited from wikipedia

- common. These two debit card brands operate offline in Israel (meaning the transaction operates under the credit cards systems & debited officially from...
- receiving benefit is debited, while the account giving benefit is credited. For instance, an increase in an ****et account is a debit. An increase in a liability...
- Direct debit instructions can be given in writing, by telephone or online. There are protections for the holder of the account being debited in the event...
- an account. Debit may also refer to: Debit card, a type of payment card Debit MasterCard, a brand of debit card Visa Debit, a brand of debit card Bank account...
- In finance, a debit spread, a.k.a. net debit spread, results when an investor simultaneously buys an option with a higher premium and sells an option with...
- recorded by debiting one or more accounts and crediting another one or more accounts with the same total amount. The total amount debited and the total...
- guarantee a lack of errors, for example, the wrong accounts could have been debited or credited.) The earliest extant accounting records that follow the modern...
- a debit to the Cash account for $300 and a credit to the Sales account for $300. This follows the rule that an increase in ****ets (cash) is debited, and...
- credit balance, since one cannot credit (pay from) cash what has not been debited (paid in). Similarly, if a liability account happens to be overpaid, it...
- side (debit or credit), but one or more entries are made to the wrong account of the correct type. For example, if fuel costs are incorrectly debited to...